CIA76
2021-06-01

$Churchill Capital Corp IV(CCIV)$There is alot of short selling pressure going on. If thereis a short squeeze this share will shoot through the roof.

The current short % is around 20% already (41 million shares).

Cost of short borrowing has gone up from 31% to 50%. 

My opinion is that we will see 23-25 by this week if the share breaks past 21+ today.

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Comments

  • Starship89
    2021-06-01
    Starship89
    U were right bro!! ???
  • CIA76
    2021-06-02
    CIA76
    Just an educated guess. I used to trade US shares at an institutional level.
  • PiGu
    2021-06-02
    PiGu
    Agreed ?
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