7 Short-Squeeze Stocks Ready to Make Hedge Funds Cry

InvestorPlace2021-08-19

Positive news on these short-squeeze stocks could spell trouble for investors selling short. Since the end of the late May/early June meme stock wave, short squeeze stocks remain out of favor. As ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

AuroraJ
2021-08-19
AuroraJ
Oh yeahhh
Al3x
2021-08-19
Al3x
like
Blueman13
2021-08-19
Blueman13
Nice
Doublexx
2021-08-19
Doublexx
[Cry]
- Fonkytonks:
  buy
- Doublexx:
  [LOL]
- NoobZai:
  buy

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1101483173?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-19 17:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1101483173","market":"us","top_or_hot":-1,"title":"7 Short-Squeeze Stocks Ready to Make Hedge Funds Cry","media":"InvestorPlace","content":"<div>\n<p>Positive news on these short-squeeze stocks could spell trouble for investors selling short.\n\nSince the end of the late May/early June meme stock wave, short squeeze stocks remain out of favor. As ...</p>\n\n<a href=\"https://investorplace.com/2021/08/7-short-squeeze-stocks-ready-to-make-hedge-funds-cry/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Short-Squeeze Stocks Ready to Make Hedge Funds Cry</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Short-Squeeze Stocks Ready to Make Hedge Funds Cry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-19 17:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/08/7-short-squeeze-stocks-ready-to-make-hedge-funds-cry/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Positive news on these short-squeeze stocks could spell trouble for investors selling short.\n\nSince the end of the late May/early June meme stock wave, short squeeze stocks remain out of favor. As ...</p>\n\n<a href=\"https://investorplace.com/2021/08/7-short-squeeze-stocks-ready-to-make-hedge-funds-cry/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WKHS","symbol_name":"Workhorse Group, Inc.","start_time":0,"source_url":"https://investorplace.com/2021/08/7-short-squeeze-stocks-ready-to-make-hedge-funds-cry/","article_id":"1101483173","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101483173","pubTimestamp":1629367159,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Positive news on these short-squeeze stocks could spell trouble for investors selling short.\n\nSince ","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"WKHS":"Workhorse Group, Inc.","WORX":"Scworx Corp","GEO":"GEO惩教集团","OTRK":"Ontrak, Inc.","PUBM":"PubMatic, Inc.","XELA":"Exela Technologies, Inc."},"translate_title":"7做空股准备让对冲基金落泪","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GEO":0.9,"OTRK":0.9,"PUBM":0.9,"SPRT":0.9,"WKHS":0.9,"WORX":0.9,"XELA":0.9},"content_text":"Positive news on these short-squeeze stocks could spell trouble for investors selling short.\n\nSince the end of the late May/early June meme stock wave, short squeeze stocks remain out of favor. As seen in last month, names touted on Reddit’sr/WallStreetBetsas names ripe for a squeeze sold off considerably. This left investors who got in too late holding the bag with substantial losses.\nThe past few weeks may have been tough for traders employing this approach. The overall trend may be on the wane. But that’s not to say several of the most heavily shorted stocks don’t have room to pop. How so? Right now, there are scores of names that have been beaten down by investors overreacting to negative developments.\nShort-sellers have fanned the flames by fading these stocks as they headed lower. Yet looking at their respective details, it’s clear the factors that sent these stocks lower in the first place have been blown out of proportion. There is high possibility of these companies surprising investors by demonstrating their financial situation isn’t so dire They could leave their respective crowded short sides scrambling to cover positions.\nSo, which names could possibly see a tremendous pop from a squeeze? Any of these seven short-squeeze stocks, each with catalysts that could shift sentiment from negative back to positive, may do just that:\n\nGeo Group(NYSE:GEO)\nOntrak (NASDAQ:OTRK)\nPubMatic(NASDAQ:PUBM)\nSupport.com(NASDAQ:SPRT)\nWorkhorse(NASDAQ:WKHS)\nSCWorx(NASDAQ:WORX)\nExela Technologies(NASDAQ:XELA)\n\nShort-Squeeze Stocks: Geo Group (GEO)Source: JosephRouse / Shutterstock.com\nAfter getting hammered byPresident Joe Biden’s executive orderthat puts an end to privately-run federal prisons, Geo Group was squeezed back to near its pre-executive order prices thanks to the short squeeze frenzy that played out in late May and early June. Is another squeeze possible?\nYes, considering the factors at play. The so-called smart money is still betting against it, as36.4% of its outstanding float remains sold shortMore improvements to the company’s prospects could help GEO stock continue to make its way out of single-digits, and toward levels it traded for just a few years back ($15 to $20 per share).\nSure, it still sounds bad that the current administration has pushed for this company, and its peer,CoreCivic(NYSE:CXW), to lose a market (Federal Bureau of Prisons and U.S. Marshals Service contracts) that make up a fair amount of their operations. Yet, this development does not impact state and local prison contracts, or contracts with Immigration and Customs Enforcement.\nOversold to a point where it trades at a dirt cheap forward price-to-earnings (P/E) ratio (4.2x), GEO stock could have ample room to soar, once the longs realize Biden’s order won’t put private prison companies out of business, and short-sellers quickly move to unwind their heavy short positions.\nOntrak (OTRK)Source: Shutterstock\nSix months ago, healthcare analytics play OTRK stock blew up, falling from over $90 per share, to less than $25 per share. What caused this, and why has it so far failed to recover, even partially?\nAsInvestorPlace’sTezcan Gecgil broke it down July 12,the loss of one of its major customers,CVS Health(NYSE:CVS) unitAetna, caused its massive price decline. The short side continues to bet against it. This may explain why it’s remained stuck near the $25 per share price levels.\nRecent troubles, and heavy shorting of it aside, there may be a big opportunity here for those willing to take the long side of this trade. Ontrak may have lost a large amount of its sales when Aetna ended the relationship. But as seen from its revenue estimates for 2022 (projecting 37.25% growth), any additional trouble for the top line could be short lived. Ontrak appears well positioned to more than make up for the loss of Aetna, with scores of other potential clients.\nIt may not have room to zoom back to its pre-crash prices above $90 per share. Yet, further news that confirms it’s still a fast-growing company could enable it to see another big boost. Consider this one of the short-squeeze stocks to keep on your radar.\nWEALTHY 26-YEAR-OLD INVESTING GURU: “I’M BETTING $100,000 ON BEHALF OF ALL AMERICANS”\nShort-Squeeze Stocks: PubMatic (PUBM)Source: Tada Images / Shutterstock.com\nBack in June, I called PUBM stock, a play in the programmatic (digital) advertising space, one of thebest Reddit stocks to  throw $100 into. The reason? The potential for this heavily shorted stock to go on the kind of epic squeezeClover Health(NASDAQ:CLOV) went in at that time.\nUnfortunately, this did not play out. After going from less than $30 per share to prices above $42.50 per share, it gave up its gains. Now at around $26 per share, it’s back to square one. Yet, as short-interest in this stock remains high (30% of float), could there be room for it to get squeezed one more time?\nIt depends. It may have high short-interest. But that’s only one part of the equation. For a squeeze to happen, it needs to gin up enthusiasm about retail investors on the long side. However, given retail trader interest in it has gone up and down several times this year (as seen on the r/WSB tracker), it may not be something you want to rule out.\nA return to its all-time high (nearly $77 per share) may be a stretch goal, to say the least. But given even a partial rebound would mean a big percentage gain on your investment, PUBM stock remains very appealing as a short squeeze play.\nSupport.com (SPRT)Source: Mark Agnor / Shutterstock.com\nSupport.com stock has made a stunning recovery in recent weeks. Largely, due the price ofBitcoin(CCC:BTC-USD) making a comeback. Don’t let this company’s name confuse you:once its reverse merger deal closes, the company will become a crypto mining play namedGreenidge Generation.\nNot only that, it may end up being one of the better crypto mining plays out there. With none of the red flags that are holding downSOS Ltd.(NYSE:SOS), and with its shares priced in a wayfavorable to existing holders of SPRT stock, those on the long side may have a lesser chance of getting burned than what the shorts believe today.\nInstead, the short side could be the ones experiencing further losses, as Support.com completes its crypto merger deal, and continues to rise to prices firmly in the double-digits. AsInvestorPlace’s Christopher MacDonald wrote Aug. 14, the merger vote(scheduled for Sept. 10)is less than a month away.\nWith something that could send it soaring (and the shorts scrambling) in a matter of weeks, now may be the time to snap up SPRT stock. Add in the possibility of the BTC continuing to increase in value, and this stock may soon have two factors helping it move higher.\nWEALTHY 26-YEAR-OLD INVESTING GURU: “I’M BETTING $100,000 ON BEHALF OF ALL AMERICANS”\nShort-Squeeze Stocks: Workhorse (WKHS)Source: Photo from WorkHorse.com\nConsidering that itlost outin its highlypublicized bid to win the U.S. Postal Service vehicle contract, it makes sense why the shorts continue to bet so heavily against Workhorse stock. As of July 30,33.5% of its outstanding floatwere still sold short.\nEven after cratering following the bid loss, shares still trade at a valuation out of sync with its underlying assets. Yet there are many ways in this situation where the shorts could get squeezed, and those long WKHS stock could see massive gains. How?\nFirst, if it prevails in itsbid protest. The company is fighting the Postal Service decision to go withOshkosh’s(NYSE:OSK) candidate. Admittedly, its chances of getting another shot at the contract via this route may be slim. Mostly, because the independent government agency was given authority by the U.S. Congress tooperate outside typical federal procurement rules.\nFortunately, there are other paths for shares to pop on a squeeze. For example, if itmakes more progress with its HorseFly drone technology. Or, if the continued push to go green results in a big-ticket order from the private sector. Given it has little in the form of assets or a profitable operating business to fall back on, this is still one of the riskier short-squeeze stocks. But it may not take much in the form of positive news to send it popping once again.\nSCWorx (WORX)Source: Shutterstock\nLate last month, WORX stock came on the radar of traders active online as apossible short-squeeze play. In fact, as seen from its performance so far in April, the heavily shorted microcap stock may have already experienced a brief squeeze. Between Aug. 2 and Aug. 6, shares in the healthcare company went from around $2.25 per share to as much as $5 per share.\nSince then, the frenzy has eased. SCWorx has given up some of its squeeze gains, and now changes hands for around $2.85 per share. So has its short-squeeze angle fully played out, or does it have a shot of going parabolic once more? Talk about it on Reddit’sr/Shortsqueezesubreddit has cooled. This may mean the army of traders targeting short-squeeze stocks set their sights elsewhere.\nAlso, the hype surrounding its Covid-19 catalyst may have been overblown. SCWorxfailed to generate meaningful revenuefrom the sale of testing kits and personal protective equipment (PPE). The company, its officers, and directors are also facing a lawsuit. Why? Due to allegations the company made back in April 2020 relating to a supplier deal were misleading and inaccurate.\n\n7 Dividend Stocks to Avoid Until They Start to Shape Up Again\n\nOn the other hand, given its high short interest, and its low liquidity despite a major market (Nasdaq exchange) listing? Renewed hype about it online may be enough to send it on another wild ride to higher prices.\nShort-Squeeze Stocks: Exela Technologies (XELA)Source: Shutterstock\nIt’s pulled back since its initial short squeeze last month. But does XELA stock still have a shot of getting squeezed “to the moon” a second time? It’s possible, but will likely hinge on the company’s turnaround efforts playing out with minimal hiccups.\nThe business process automation provider is trying to pivot from its legacy business model, which islow-margin and labor intensive, to one that’s more like that of a software-as-a-service provider. With new offerings like itse-signature platform DrySign, it may be on its way to achieving this goal.\nSure, the idea that this company will soon become more likeAdobe(NASDAQ:ADBE) orDocusign(NASDAQ:DOCU) may be overstating things a bit. But as seen from its latest quarterly results, Exela has made progressimproving its margins, and lowering its net debt. It now projects 2021 revenues of between $1.25 billion and $1.39 billion, and adjusted EBITDA between $200 million and $236.3 million (assuming it hits the top end of its internal estimates).\nIf it can meet or beat expectations? Thanks to its highly levered balance sheet, the underlying value of each share of XELA stock may have room to move substantially higher. As hype surrounding it continues to taper off, this may be one of the top short-squeeze stocks to buy today.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":838330310,"gmtCreate":1629372196830,"gmtModify":1676530018839,"author":{"id":"4087475222144080","authorId":"4087475222144080","name":"AuroraJ","avatar":"https://static.tigerbbs.com/a0c9715bb8ca251a5197d8ed49713ec0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Oh yeahhh&nbsp;","listText":"Oh yeahhh&nbsp;","text":"Oh yeahhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838330310","repostId":1101483173,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":838301118,"gmtCreate":1629370908634,"gmtModify":1676530018395,"author":{"id":"4088815138354210","authorId":"4088815138354210","name":"Al3x","avatar":"https://static.tigerbbs.com/76537eea7f5e56814a3866c383a688d2","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838301118","repostId":1101483173,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":838300457,"gmtCreate":1629370799879,"gmtModify":1676530018324,"author":{"id":"3551240289585145","authorId":"3551240289585145","name":"Blueman13","avatar":"https://static.tigerbbs.com/23efe343c897f3547114a2af3018369c","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":9,"crmLevelSwitch":1},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838300457","repostId":1101483173,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":838958819,"gmtCreate":1629367881131,"gmtModify":1676530017456,"author":{"id":"4087297072458000","authorId":"4087297072458000","name":"Doublexx","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Cry]&nbsp;","listText":"[Cry]&nbsp;","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/838958819","repostId":1101483173,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5578273,"gmtCreate":1629368340602,"gmtModify":1663232610035,"authorId":3559873043762670,"author":{"id":3559873043762670,"authorId":3559873043762670,"name":"Fonkytonks","avatar":"https://static.tigerbbs.com/4dfa5c5b6a3eb44de87d5ed63482f16c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":838958819,"type":1,"supId":0,"prevId":0,"content":"<u>buy</u>","text":"<u>buy</u>","html":"<u>buy</u>"},{"id":5578224,"gmtCreate":1629367891831,"gmtModify":1663232608441,"authorId":4087297072458000,"author":{"id":4087297072458000,"authorId":4087297072458000,"name":"Doublexx","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":838958819,"type":1,"supId":0,"prevId":0,"content":"[LOL]","text":"[LOL]","html":"[LOL]"},{"id":5578328,"gmtCreate":1629368775448,"gmtModify":1663232608232,"authorId":3586381108588721,"author":{"id":3586381108588721,"authorId":3586381108588721,"name":"NoobZai","avatar":"https://static.tigerbbs.com/11efd284456355c2f5498832e54042ff","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":838958819,"type":1,"supId":0,"prevId":0,"content":"<u>buy</u>","text":"<u>buy</u>","html":"<u>buy</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":69,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1101483173"}