RE:BNN: VET potentially short squeeze candidate!EnergyWatcher55 wrote: BNN reporting today that VET, ARC, Canada Goose and Ballard Power are potentially short squeeze candidates!
A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price.
The top most shorted stocks on the TSX are the canabais stocks (ACB, WEED, APHA) and Crescent Point Energy and Imperial oil.
I agree with Energy , this is what I should have taken more time to convey. My apologies if I have confused anyone