Momentum is on its side and whispers are that the shorts have actually been leaning into the short and sizing up hoping that the retail traders have "paper hands". If retail holds, continues the frenzy, the new short positions will have to cover. Not sure who in their right mind would lean into that short but it's contrary to what happened with GME where they got out of their shorts as it went up.
No value, just a momentum and short squeeze play. probably best to play it through options so you don't get stuck with stock. Psychologically we always want to see the next round number. Unusual activity in the $73 call options so I think it shoots to $80 briefly after it gets back to its intraday high of 72.62
No value, just a momentum and short squeeze play. probably best to play it through options so you don't get stuck with stock. Psychologically we always want to see the next round number. Unusual activity in the $73 call options so I think it shoots to $80 briefly after it gets back to its intraday high of 72.62
