Source page ; https://www.degiro.nl/leren-beleggen/blog/short-squeeze-uitleg

The section "risk of a short squeeze", translates to this ;

Risks of a short squeeze

Hitching a ride on a short squeeze has the potential to generate a lot of money, but it also comes with high risks. It mainly comes down to good timing. For example, during the short squeeze, the price of GME shot up like a comet to $347.51 on January 27, 2021. However, a week later, on February 4, the price was already sharply lower at $53.50. This is a clear example of the fact that once most short sellers have closed their positions, the price often collapses again like a pudding. Investors should therefore take short positions and be quick to take their losses. After all, these are often fundamentally unattractive companies in which you do not want to be involved for the long term.

(idk which flair fits with this post)