next meme stock short squeeze
While theres no guarantee Reddit. Whats more AMC stock is up more than 60 for the past five trading days with fans calling for a short squeeze.
GameStop GME the meme stock that shook the financial markets to its core at the beginning of 2021 with a short-squeeze for the.
. Today Wall Street Memes talks about the possibility. The meme factor sent it climbing 75 by the end of November. This 550 billion behemoth is.
GME Meme Stocks the Next Big Short Squeeze. Live Market News Strategy Education On-Demand Videos and More. Although thats also counting from the stocks short-squeeze fueled rally a few months ago.
Recently AMC Entertainment another meme stock has also shown strong short interest and its price has skyrocketed. Reddit in particular is a fan of going after short-squeeze stocks. GameStop shares rocketed 800 this year after a meme-fueled short squeeze shocked Wall Street.
Driven by popularity momentum and high short interest Wall Street Memes lists two meme stocks that have short squeeze potential in October. One reason retail investors are bound to like Intercept is its volatility. Many meme stocks are trending lower but these seven all stand to deliver solid returns over the next 12 months December 30 2021 By Thomas Niel Dec 30 2021 600 am EDT December 30 2021.
Currently this meme stock is up 4 for the day. In the case of GameStop short sellers lost almost 2 billion collectively over a two-day span in February 2021 as a result of a short squeeze. Borrow rate is an important measure that can be used to help to assess stocks that might be susceptible to short squeezes.
Hedge funds mismanaged risk by continually shorting the stock which further fueled the trend. Hot Stocks 8 Hot Reddit Stocks That Could Be the Next Big Meme. Since then investors have.
Day traders seeking to find the next big short squeeze akin to GameStops 700 rally may be disappointed by the latest meme stocks according to one market expert. Meme Stocks Latest Frenzy Isnt About a Short Squeeze Short interest in meme stocks such as GameStop and Clover Health is relatively. Speculation and elevated short interest could set UWMC stock for a short squeeze in the foreseeable future.
Backed By 30 Years Of Experience. In a Tuesday client note S3. GME and AMC the poster children of meme stocks are seeing renewed.
Smart Technology for Confident Trading. We typically refer to these as meme stocks and they can experience quite a bit of volatility. Since many investors missed these rallies theyre looking forward to the next short squeeze stock on Reddit after AMC and GME.
For a short squeeze to occur a stock with high short selling activity generally a short interest of at least 15 - ideally more needs to be hit by a sudden spike in buying volume. Finally add Taiwan Semiconductor Manufacturing TSM-122 to your list of meme stocks that are more than the butt of a joke or a mere short-squeeze candidate. ICPT becomes the next Reddit meme stock.
Ad Explore the Latest Features Tools to Become a More Strategic Trader. This setup could lead the stock to a short squeeze. While GME is not what it used to be when it comes to the short squeeze other stocks with high short interest might be future targets for them.
The stocks latest meme move occurred after it dropped nearly 40 in October 2021 due to weak Q2 earnings. Trending stocks on Reddit on November 2. Its also possible that small-cap biotech stock Intercept Pharmaceuticals NASDAQ.
All Straight from Industry Pros. Short interest is still elevated despite the rally last month.
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