During the Volkswagen short squeeze, the short selling rate was 200% of the outstanding shares. It went up to $1,258 per share back then (when converting the Euro to Dollar exchange rate at the time).
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Imagine if the short selling rate exceeds 300% to 400% of the outstanding shares?? Just imagine how high the stock price would be!!!
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I know it was massively oversold when it went bankrupt, but how much naked short selling will there be? What percentage do you all think the short selling rate will be? And what will the ratio of outstanding shares be when it comes back to life?
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During the GameStop short squeeze, the short selling rate was 140% of the outstanding shares. It went up to $483 per share back then.
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