Ron Anne
05-27

$Navitas Semiconductor Corp(NVTS)$ Short is covering. If volume continues. We might see 8 by end of day.

229Number of Institutions Holding Shares

Looks like resistance prob around $8.50 level

How much you think it is worth ?

Bought some up this morning, and obviously need to buy more again!

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

  • Ah_Meng
    05-28
    Ah_Meng
    I would like to see $8 too... but a bit steep... of course if there's smoke, we could get a fire out there...
  • Ah_Meng
    05-28
    Ah_Meng
    Can you see how much shorts is out there? It was 12.8% of outstanding, which was substantial given its low volume. However with this explosion of volume, shorts could jump easily... Not sure how many have covered their positions...
Leave a comment
2
27