Eric,
You're right on a point, The 'BIG' squeeze( splits,etc.) was later, but, like a volcano, there were tremors (squeezes), my contentions are the' dynamics', or the 'mechanism' of a short squeeze.
My issue, saying that IOM was a OTC stock (IOMG), was just to counter, the 'fundamental' arguement, and thru examples, demonstrate the 'mechanics' in application. How the market, bulls vs. bears, nays vs. yays, longs vs. shorts, were strategically maneuvering.
Chronologically, the 'squeeze' had reverberations relating to the tensions between bulls & Bears, Longs & Shorts, etc.....The reign of terror was most definitely a recent event, but again, is part & parcel to the legacy which got it to that point.
In understanding RMIL, its' important to note, that the calling of certificates can impede the mechanism of the squeeze, it becomes a numbers game, and the MM's need 'paper' to play!, Pugs |
