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Overstock $OSTK May Be The Next Hyper-Shorted Stock to Blast-Off

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DISCLAIMER: I am not an Overstock bull. I don't believe in the future of Overstock.com or tZero, however this is a potential trade setup based on market conditions

1) On Friday, Dillards had an outsided 20% run on no news, but suspected that it was a short squeeze given the stock's 45% short float

2) Monday (yesterday) Lannett LCI had also a large outsized run (up 40%) on no news but traders suspecting the 74% short float as the cause

3) Now speculation is which is the NEXT high-short-float stock to go. I would put OSTK at the top of that list, with other candidates as HHIIQ, TBCH, PETS

Make sure you visit behindthebid.com for everything you need for your premarket at a glance and other trading ideas.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.