bear squeeze
n.— «Their view was that QXL was overvalued. However, the bears got it badly wrong and shares in the online auctioneer simply held their ground. When it was time for the raiders to close their positions, they found stock was scarce in the market and soon it was they who were paradoxically driving QXL shares higher as they scrabbled to buy them back. In City dealing room parlance, this is called a bear squeeze.» —“Small Talk: eBay’s success makes QXL look overvalued” by Michael Jivkov Independent (London, England) Sept. 12, 2005. (source: Double-Tongued Dictionary)
Further reading
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