VKTX surges higher today after pulling back again near 200-day EMA. Not sure what the news is that's driving the big move higher. The news I did find talks about the following:
1) Viking Therapeutics completed a drug clinical trial stage earlier than expected last week
2) VKTX is on lists of hot stocks to buy for 2026 and could be a takeover, acquisition target
3) VKTX is recommended by 15 Wall Street Ranked analysis who give stock 12-month consensus average price target of $92
4) VKTX is on lists of stocks with high short interest (over 20% short interest) TO BUY because they are vulnerable to getting short-squeezed
Let's talk about the 4th item above. Just imagine VKTX continues to move higher on good news about clinical trials or possibly getting acquired by a larger company. This would push the stock even higher and will force traders who have big short positions on the stock to quickly cover, creating a snowball effect that frantically drives VKTX even higher and completely surges! This is reminiscent of what happened to Game Stop (GME) a few years back. I hope that this happens because I am long on several rather large call option positions on VKTX!
Whatever you all decide to do..... Good Luck!
1) Viking Therapeutics completed a drug clinical trial stage earlier than expected last week
2) VKTX is on lists of hot stocks to buy for 2026 and could be a takeover, acquisition target
3) VKTX is recommended by 15 Wall Street Ranked analysis who give stock 12-month consensus average price target of $92
4) VKTX is on lists of stocks with high short interest (over 20% short interest) TO BUY because they are vulnerable to getting short-squeezed
Let's talk about the 4th item above. Just imagine VKTX continues to move higher on good news about clinical trials or possibly getting acquired by a larger company. This would push the stock even higher and will force traders who have big short positions on the stock to quickly cover, creating a snowball effect that frantically drives VKTX even higher and completely surges! This is reminiscent of what happened to Game Stop (GME) a few years back. I hope that this happens because I am long on several rather large call option positions on VKTX!
Whatever you all decide to do..... Good Luck!
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