I know this company is worth nothing and might go bankruptcy, but apparently the Hege funds are betting too much (short side) . They are shorting more than the actual float using naked short and synthetic shares ( I guess, cuz no way to find out the real short interest ). Also, the weekly chart showing some reversing signs.
So, this stock is a good candidate for a gamma squeeze.
The idea is : buy a call option strike $25 expiry July 16th @ 0.55
Please note:
- I'm just sharing my view. its not a recommendation for buying or selling.
So, this stock is a good candidate for a gamma squeeze.
The idea is : buy a call option strike $25 expiry July 16th @ 0.55
Please note:
- I'm just sharing my view. its not a recommendation for buying or selling.
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone
― Mark Douglas, Trading in the Zone