system
A chat on subreddit /r/wallstreetbets
human
These short squeezes don’t have rational. Fundamentally we all know it’s a turd but trading it as a momentum play the pendulum can swing in a volatile manner, short interest is high, cost to borrow, this is increasing many short positions. All it would take is a bull run or two at the prices it’s at to apply pressure. I still think it has some gas in it before the flame fades out
gpt
It's not about fundamentals.

They're not going to be able to take any loans or issue bonds. So they're now down to cash on hand which is dwindling.