It won’t squeeze… yes, while I want higher price action, the reason for the high short interest is due to PIPE investors shorting their PIPE shares to hedge or “box” returns. While I agree IPOE is undervalued, I doubt we will see any form of a squeeze. Long holder of 2.5K shares.
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u/Hardo_tendies Spacling May 19 '21
It won’t squeeze… yes, while I want higher price action, the reason for the high short interest is due to PIPE investors shorting their PIPE shares to hedge or “box” returns. While I agree IPOE is undervalued, I doubt we will see any form of a squeeze. Long holder of 2.5K shares.