I posted about the short squeeze in TASR last week. Now that it’s split 3-for-1 the squeeze is even more painful. Right now it’s up about 40% from the pre-split close of 2 days ago. Again, this is why you don’t try to pick a top, don’t short solely on valuation, and don’t trade against the trend.

Briefing.com just posted this, which says it all:

12:04 TASR: Can’t put it any better than this Briefing subscriber’s statement: “Not a short covering but a short assassination” (60.91 +11.21)

Too bad I’m not long it. -sigh-