Is ‘days to cover’ a useful metric in identifying the potential for a short squeeze?
How do you identify a potential short squeeze stock?
Scanning for a Short Squeeze
- The number of shares short should be greater than five times the average daily volume.
- The shares short as a percentage of the float should be greater than 10%
- The number of shares short should be increasing.
Where is the next short squeeze?
Quote: And one way to do that is to look for potential short squeeze stocks that are being mentioned a lot on reddit. Because that could help you to possibly predict the next. One.
What is the most successful penny stock Ever?
Let’s look at some charts!
- GameStop (NYSE: GME)
- Sundial Growers Inc (NASDAQ: SNDL)
- Castor Maritime (NASDAQ: CTRM)
- AMC Entertainment Holdings Inc. (NYSE: AMC)
- True Religion (formerly NASDAQ: TRLG)
- Pier 1 (formerly NYSE: PIR, now OTCPK: PIRRQ)
- Monster Beverage Corporation (NASDAQ: MNST)
- Medifast Inc. (NYSE: MED)
What’s the biggest stock jump in one day?
Largest daily percentage gains
| Rank | Date | Change |
|---|---|---|
| % | ||
| 1 | 1933-03-15 | +15.34 |
| 2 | 1931-10-06 | +14.87 |
| 3 | 1929-10-30 | +12.34 |