Penny Stocks that will have potential short squeezes
One of my favorite type of swings trade are potential short squeezes. A short squeeze happens when a stock has a high amount of short interest, and increased buying pressure forces short sellers to have to buy back their shares at a higher cost. When a market maker opens up a short position that market maker is betting against the stock.
When a market maker is short they are hoping that the stock goes down. This will allow them to cover or buy back the shares they … Read More