3 Stocks to Buy for a Massive Short-Squeeze Rally: October 2023
Zig when others zag with these compelling short-squeeze stocks.Palantir Technologies : Despite strong gains this year, Palantir faces increased bearish sentiment in options, indicating a possible short-squeeze opportunity.SoFi Technologies : Amid skepticism, SoFi’s high trading volume and bearish institutional sentiment suggest it’s ripe for a short squeeze.While symbolizing one of the riskiest mechanisms to acquire profits in the capital markets, targeting short-squeeze stocks can sometimes yield tremendous returns. That’s because these short-squeeze candidates play on the emotion of panic; that is, bullish contrarians attempt to drive prices of heavily targeted securities higher, thus panicking the bears.Traditionally, the way market gamblers identify stocks to buy for a short squeeze is to pull up screeners that filter for equities that have higher-than-average short interest relative to their float. Recently, one popular platform is Fintel’s Short Squeeze Leaderboard. However, for