2 Stocks With Short Squeeze Potential In December

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2 Stocks With Short Squeeze Potential In December

TheStreet2021-12-02

Wall Street Memes presents two meme stocks that could be on the edge of a short squeeze. Will GOEV and CRTX head to the moon in December? Retail investors on the main online discussion boards continue...

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Bryan87
·2022-01-26
Short squeeze crtx soon
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ElvisLHS
·2021-12-02
Read...pls like. Thanks in advance [2/12]
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Will GOEV and CRTX head to the moon in December?\nRetail investors on the main online discussion boards continue...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/2-stocks-with-short-squeeze-potential-in-december\">Source Link</a>\n\n</div>\n","source":null,"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>2 Stocks With Short Squeeze Potential In December</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\">\n2 Stocks With Short Squeeze Potential In December\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-02 14:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/2-stocks-with-short-squeeze-potential-in-december><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street Memes presents two meme stocks that could be on the edge of a short squeeze. Will GOEV and CRTX head to the moon in December?\nRetail investors on the main online discussion boards continue...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/2-stocks-with-short-squeeze-potential-in-december\">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":"GOEV","symbol_name":"Canoo Inc.","start_time":0,"source_url":"https://www.thestreet.com/memestocks/other-memes/2-stocks-with-short-squeeze-potential-in-december","article_id":"1144528649","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144528649","pubTimestamp":1638427740,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"Wall Street Memes presents two meme stocks that could be on the edge of a short squeeze. Will GOEV and CRTX head to the moon in December?Retail investors on the main online discussion boards continue to scan the market for momentum stocks to profit from. Some of the most likely candidates are bearish trades that eventually get overcrowded and may fall victim to short squeezes.Driven by popularity, momentum and elevated short interest, Wall Street Memes presents two meme stocks that have “mooning","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOEV":"Canoo Inc."},"translate_title":"12月份有空头挤压潜力的2只股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRTX":0.9,"GOEV":0.9},"content_text":"Wall Street Memes presents two meme stocks that could be on the edge of a short squeeze. Will GOEV and CRTX head to the moon in December?\nRetail investors on the main online discussion boards continue to scan the market for momentum stocks to profit from. Some of the most likely candidates are bearish trades that eventually get overcrowded and may fall victim to short squeezes.\nDriven by popularity, momentum and elevated short interest, Wall Street Memes presents two meme stocks that have “mooning” potential in December.\nCanoo - $GOEV\nTorrance, California-based electric car company Canoo went public via a SPAC (special purpose acquisition company) merger. Since going public, skepticism has mounted on whether the investment opportunity has been overhyped. Thedownfallof SPACs at large, earlier in 2021, has not helped either. GOEV has been up 43% since November but is still down 4% year-to-date.\nFigure 1: Canoo's electric pickup truck.\nCanoo was considered a “meme stock” as short interest reached 27% of the float. One possible reason for elevated short interest is sky-high volatility and uncertainty surrounding the electric vehicle space. Compared to traditional vehicle manufacturers, regulatory and policy matters are much more important (and unpredictable) factors to consider before investing.\nOther electric vehicles manufacturers,including Workhorse, Fisker and Arcimoto, also suffer from elevated short interest of around 30%. This could either mean that EV stocks are in for a rough ride ahead, or that EV companies and their shares are great targets for short squeezes.\nAlso, the company’s more attractive valuation pleases investors. Canoo’s $2.8 billion market cap is just above one-third that of key peer Fiske, at $6.5 billion. Canoo has 9,500 pre-orders for 2022 and 2023 valued at $313 million, assuming the cheapest model price. Fisker, on the other hand,has17,000 pre-orders valued at $637 million, also assuming the cheapest model price.\nAt first glance, and understanding that a more comprehensive valuation analysis would be needed here, these numbers help to support the thesis that Canoo may be cheaper compared to some of the other high-growth players in the EV space.\nCortexyme Inc - $CRTX\nMicro-cap biopharmaceutical company Cortexyme Inc develops therapeutic treatments for degenerative diseases, like Alzheimer’s. Many healthcare and biotech stocks tend to have a high risk, high potential return profile, since the success of the companies is often reliant on the efficacy of new drugs and treatments.\nFigure 2:undefinedCortexyme Nasdaq listed IPO.\nCRTX shares fell a whopping 75% in a single trading day, after Bank of America downgraded the stock due to test setbacks on the Alzheimer’s treatment. Since then, the stock has reached very elevated short interest of 52% of the float. Retail investors on the main discussion forums have been particularly encouraged by a small float of 18 million shares leading to the possibility of a short squeeze.\nDespite the company having only 37 employees and the stock being valued at only $370 million, CRTX received four Wall Street ratings in the past month. Consensus is a moderate buy and average price target sits at $67 —suggesting impressive 400%-plus upside potential.\nLastly, on December 1, the stock was one of the top 5 most mentioned on Reddit, ahead of multi-billion market cap stocks and well-known meme names, like GameStop and AMC Entertainment.\nFigure 3: Trending stocks on Reddit on December 1.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9090229542,"gmtCreate":1643203379405,"gmtModify":1676533784509,"author":{"id":"3560023807583771","authorId":"3560023807583771","name":"Bryan87","avatar":"https://static.tigerbbs.com/4ab1887f152a6afbc9db6b6ee30be1bb","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3560023807583771","idStr":"3560023807583771"},"htmlText":"Short squeeze crtx soon","listText":"Short squeeze crtx soon","text":"Short squeeze crtx soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090229542","repostId":1144528649,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":603584006,"gmtCreate":1638427913168,"gmtModify":1676532108823,"author":{"id":"3582789589641542","authorId":"3582789589641542","name":"ElvisLHS","avatar":"https://community-static.tradeup.com/news/0eedb9c8606dbadf3e0b6fb7789c6be7","vip":1,"crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"3582789589641542","idStr":"3582789589641542"},"htmlText":"Read...pls like. Thanks in advance [2/12]","listText":"Read...pls like. Thanks in advance [2/12]","text":"Read...pls like. Thanks in advance [2/12]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/603584006","repostId":1144528649,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":12,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}