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Gold/Mining/Energy : Short Squeezes

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To: The Fix who wrote (8)10/11/1997 6:49:00 PM
From: Walt   of 21
 
To The Fix and all, could someone in easy terms explain just what a short squeeze is........Is it when a large short position deveopes and then the stocks go up so the shorts have to cover......
I assume the brokers can see when shorts, stop losses etc are put on stocks I know stock loses are dangerous but is there a stop loss or maybay call it a stop gain on some shorts...
Im curious as to how all of this works
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