PINL:GRPOF - Post by User
Comment by
Yunggunon Dec 13, 2019 4:33pm
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Post# 30453614
RE:Possible Short Squeeze Looming
RE:Possible Short Squeeze LoomingIf we see news Monday or Tuesday, which I am not counting on as stocks rarely rally through Christmas and any rally that does is short lived, the shorts will get caught with you know what in there hands, lol. I think we go sideways without news till the new year. Hence the reason for the shorts, making money on both ends is not always a bad sign for a SP. Means it actively traded and monitored at the moment, volume over the last 2 weeks attests to that. I would expect shorts to start dwindling away tapering into end of next week as we have shortened trading days and hours between the 23rd of December and the 2nd of January. $0.40-$0.45 is the farthest we will fall next week without news imo.