WHEN THE FLOAT DISAPPEARS

What do a 1901 railroad war, a grocery store chain, and a video game retailer have in common? Someone ran out of shares to buy. In this episode we break down the anatomy of the locked-float squeeze from JP Morgan and E.H. Harriman obliterating shorts on Northern Pacific Railway, to Porsche quietly cornering Volkswagen and briefly making it the largest company on earth, to WSB turning GameStop into a generational short squeeze. The playbook is always the same: thin float, heavy short interest, forced covering, price goes vertical and the exchange steps in to protect the wrong side. Every time.