I was only half-kidding in today’s commentary about DaBoyz’ perpetual motion machine, since they appear to have trapped bears but good this time. Slightly more than half of the losses since June 21 have been recouped in just three days, attesting to the vicious power of this short-squeeze. This is bearish action, for sure, but that could be scant comfort to those who elected to stay short when the closing bell sounded on Thursday.
