So what is the "proper" way for a long to deal with a short squeeze when it happens? Do you just hold on to your shares and let things rip, or should you watch for a peak sell, and then buy back when the price comes back to Earth? (Will there be a high peak and then a return to normal, or is it likely to stay much higher after a short squeeze?)
I see this too often here. There isn't going to be a vw style squeeze that happens in a matter of hours. If it happens it will unfold in weeks. Go review the mid 2013 rise. There was never a time Where the correct move was to panic sell.