$SUPER MICRO COMPUTER INC(SMCI)$ Shorted shares are more than 100 mil. It means that shorts need to buy $5 Billion worth of shares from the open market. The reason that we are around $25 B market cap is due to the $5B shorts. So they owe us $5B. Once they buy and cover their positions, then the stock will go to the moon specially if no one sells at that time. I am telling all of my friends about it and the size of shorts.
I think in the next 2 weeks , the short squeezes will be on the news. No one cares about the 10k delays or DoJ stuff, since at the most , the company will get some penalty and has to pay fine. The company has a big revenue and it is growing like crazy week after weeks.
So the people who shorted the stock at $40 , it’s better if you buy back at $48 and buy even more to squeeze the other shorts.
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