♟ This $13 Stock: The Next Major Short Squeeze?

If Earnings Are Strong, This One Could Pop ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

"This could ignite one of the biggest 'short squeeze' situations in all of Wall Street." Bryan Bottarelli, Head Trade Tactician, The War Room When it comes to identifying short squeeze candidates, one of the most important statistics to look for is "days to cover." Days to cover measures the expected number of days to close out a company's outstanding shares that have been sold short. In the most simplistic explanation possible, a high days to cover measurement can signal a potential short squeeze. To arrive at the statistic, divide the number of shares that are currently shorted by the average daily trading volume - which results in an approximate time, expressed in days, that it would take for every short seller to entirely close out their position. 20 Times BIGGER Than the '90s Internet Boom! Wall Street thinks it "will be worth trillions." J.P. Morgan expects it to "infiltrate every sector." And BlackRock compares it to "the smartphone of the early 2000s." Click here to see why the world's top investors are getting into XRI, the most important tech revolution of the 2020s. Here's a list of the largest "days to cover" readings - meaning these are the biggest short squeeze candidates in all of Wall Street. PMV Pharmaceuticals (PMVP): 15 days to cover Tattooed Chef (TTCF): 17 days to cover Erasca (ERAS): 17 days to cover Sana Biotechnology (SANA): 20 days to cover MicroVision (MVIS): 23 days to cover Big 5 Sporting Goods (BGFV): 22 days to cover Stoke Therapeutics (STOK): 24 days to cover As you can see, Big 5 Sporting Goods (BGFV) is on this list - with a whopping 22 days to cover their entire short position. In other words... Given their current short position - and average daily volume - it would take nearly a full calendar month to clear out every single short on BGFV. Why is this important? YOUR ACTION PLAN BGFV reports earnings after the close of trading tomorrow. If the earnings are strong, the stock could pop - which could ignite one of the biggest short squeeze situations in all of Wall Street. To see how we're playing short squeeze situations like this, you're invited to join our trading community inside The War Room. Right now we're guaranteeing members will receive 252 winning trades in their first 12 months of membership. Click here to join The War Room. "The Single Most Predictable, Profitable, Income-Gushing Investment of My 40-Year Career" - Alexander Green Thanks to a major mistake by Vladimir Putin... Wall Street is now projecting a rise from $30 to $280 for one energy stock. The company has seen profits rise 2,400% since 2020... it pays a 10% dividend... and it's now able to make up to $200 million per shipment of its product. Here's everything you need to know from legendary stock picker Alexander Green... MONDAY MARKET MINUTE October Bear Market Bounce? The Dow jumped 5.7% last week and the Dow Transports jumped over 10%, making last week one of their best weeks in decades. On the other hand, the Nasdaq has gained only 5% in October, marking the seventh-largest monthly gap between the Dow and the Nasdaq in 45 years. Tracking. Halloween Safe Haven? Hershey (HSY) is thriving - and the company expects Halloween candy to make up 10% of its annual sales. Midterm Performance: According to U.S. Bank, dating back to 1962, the S&P 500 has underperformed in the 12 months ahead of the midterms and outperformed in the 12 months following them, posting a 16% average return in the following year. So, if this pattern holds true, 2023 could be a very strong market upside year. Fed on Wednesday: The Federal Open Market Committee is widely expected to announce the fourth straight 0.75-percentage-point increase to its benchmark rate this Wednesday, which could be its final hike of that size before it potentially eases off in December. As always, the language will tell the tale. Casino Gets Premarket Pop: Wynn Resorts (WYNN) was up 6% after a regulatory filing showed that billionaire Tilman Fertitta has acquired 6,917,551 shares of the casino-operating company's stock, giving him a 6.1% stake. INSIGHTS YOU MAY HAVE MISSED Who's Really Winning Putin's War? When Markets Move Lower, This Asset Goes Up Going Wireless With This Trade Act Fast on This Meme Stock Trade Follow Us on Instagram! FACEBOOK TWITTER   Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day. To unsubscribe from Trade of the Day, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. 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