DawgTrading

MGTI - Crazy Town Good for a Flip

Long
OTC:MGTI   MGT Capital Investments, Inc
Once known for McAfee entering as a director to help its securities division, then became crytominer, now embattled company in fraud cases. However at these levels could prove a quick flip especially hitting lower weekly Bollinger as well as getting close the the weekly 100 LR .

Short interest picked up a good amount in the last month or two. Could provide some covering in the next week or two of the million or so shares short last month of 75 million. If a squeeze does happen could see a bag or two at $0.149 entry.