Talented Mr Ripley
OPInvestor Dudu
:
no. but profits are attractive for those that picked up the knife after it fell to around $19.0. but nfa, i still see it climb to $75.0 sooner
XSpace
:
A surge toward $50 is highly likely in the near term, given the 60% short interest position. This creates a strong likelihood of a significant short squeeze, driving a rapid price recovery as short sellers are compelled to cover their positions.
Investor Dudu : Do you think the downtrend is gonna continue during market open later?
Talented Mr Ripley OP Investor Dudu : no. but profits are attractive for those that picked up the knife after it fell to around $19.0. but nfa, i still see it climb to $75.0 sooner
Investor Dudu Talented Mr Ripley OP :
XSpace : A surge toward $50 is highly likely in the near term, given the 60% short interest position. This creates a strong likelihood of a significant short squeeze, driving a rapid price recovery as short sellers are compelled to cover their positions.
Investor Dudu Talented Mr Ripley OP : That’s quite a jump from where we’re at. What time period are you thinking of when saying $75?