Mar. 24 at 3:34 PM
$GEO @billybanks77 I was thinking the same as Billy. The shorts are in trouble here particularly with the low volume. They used to have the convertible notes as a safety net but with that gone, they are now hedging themselves with options which can get expensive with repetitive premium costs. Like Billy just said, the shorts are losing their grip on the stock. Factor in the fear of a transformative government deal and you have the bulls taking the reign.
Factor in 91% institutional ownership, 6% insider ownership and a
$350M share buyback and you have all the ingredients for a squeeze.
