$Marathon Digital Holdings Inc(MARA)$ will squeeze higher tmrw after earnings reports(could hit $40) ... since it still has over 20% short float... right as BTC is reach 52wk highs.. and a concentration of high buy volume simple bc reporting earnings tmrw (unifying buying event).
*Don't be surprised if shorts try to temp drop the price within seconds of earnings release (a somewhat common tactic with high short interest tickers (trying to create the illusion of a sell off/ or bad report.. in an effort to shake some shares loose to cover)... but doesn't stay down long- if at all.
MARA had even heavier short interest in July.. yet when BTC was $31K, MARA was $19. which means the minimum equivalent today would be $35. (then when you factor in that short interest was even higher then.. equivalent should be somewhere closer to $40).
So just to get to a corrected price.. a squeeze to at least $40 seems in line with (not to mention all of the positive BTV headlines )
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