WKHS Short Interest Rose Dramatically a Week Ago LONG
The daily chart of short interest for WKHS rose 6X beginning a week ago. The level is 13X
what it was in November. Coupled with the price action of today it is entirely plausible that
shorts are liquidating quickly given today's 25% breakout. Buyng to cover getting synergized
with new buyers could cause a trendline slope to escalate substantially morphing something
more or less curvilinear into more of a parabolic fit to the " trajectory". So the questions are
is this a short squeeze? How high of a price before the momentum slows or fails? Is it too late
to get in? Are other penny stocks potentially behaving in a similar fashion right now?
Is it even possible to short the shares of this penny stock or is it all put options covering
100 shares per each? This will be interesting for sure no matter how it plays out. I have
doubled my position earlier today and it was not a small one. Once I see signs of consolidation,
or some moving averages going flat towards a zero slope or a mass index indicator triggering.
I will take a piece out for the realization of some profit and hold the rest for whatever the
next more might be. I think the first sign that a squeeze is underway if for the tremendous
short interest volume to waterfall off a cliff.
what it was in November. Coupled with the price action of today it is entirely plausible that
shorts are liquidating quickly given today's 25% breakout. Buyng to cover getting synergized
with new buyers could cause a trendline slope to escalate substantially morphing something
more or less curvilinear into more of a parabolic fit to the " trajectory". So the questions are
is this a short squeeze? How high of a price before the momentum slows or fails? Is it too late
to get in? Are other penny stocks potentially behaving in a similar fashion right now?
Is it even possible to short the shares of this penny stock or is it all put options covering
100 shares per each? This will be interesting for sure no matter how it plays out. I have
doubled my position earlier today and it was not a small one. Once I see signs of consolidation,
or some moving averages going flat towards a zero slope or a mass index indicator triggering.
I will take a piece out for the realization of some profit and hold the rest for whatever the
next more might be. I think the first sign that a squeeze is underway if for the tremendous
short interest volume to waterfall off a cliff.
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