Marker Therapeutics Inc (MRKR)

[microcapbiotech]

Status going forward: Friday was OK, was good, but not the total short squeeze capitulation that I was hoping for.
We had very good volume, 2.6 million shares (needed about 5+ for real
squeeze), but how many were to cover?

On June 25th we get the latest short report for period ending June 18th.
On June 18th, we still should have had 2 1/2 to 3 million shares
shorted (I think closer to 3).
Since the 18th, another 1 to 1 1/2 should have covered (or lose money
if not hedged).

I'm sure some of those shorts were/are hedged or protected using
options, but going into Monday morning, we should still have 1 1/2 to
2 million shares (maybe more) that still have to buy to cover.
Options or not, one way or the other, those shares have to be bought to cover.

We had a semi short squeeze Friday, to really get the job done we need
to follow with semi squeeze Monday and Tuesday.
Another about 2 million shares Monday ending with a higher low.
And another about 2 million shares Tuesday ending with a higher low.
Just keep stair stepping up with higher and higher lows.
As long as we keep getting higher lows, the higher highs will follow.

We all KNOW what is going to happen on July 20th.
ABSOLUTELY NO COMPANY with an ounce of a brain would release BAD NEWS
on the 20th and then hold a press conference the NEXT DAY to discuss
the BAD NEWS AGAIN.

On July 22nd, $22.728 would be a nice round number (?).
If it's going there, even now, $8 is cheap, $10 is cheap.

If you got extra cash, don't wait for some large pullback, this coming
week is going to look cheap a month from now.

Are there going to be pullbacks (profit taking and/or new shorts)
between now and July 20th?
You betcha.
Are those pullbacks going to present short term trading opportunities?
I will leave that up to you.

I do think that AFTER July 20th, any short term trading opportunities
are going to be less frequent because those who buy then, after the
news is out, they will be buying to hold longer term (like mutual
funds) because they know the real run over the next couple of years
will have just started as more and more trials data is released.

GOOD LUCK

Very Interesting and Positive "technical analysis" video below:

https://claytrader.com/stock_chart/MRKR/?utm_source=social&utm_medium=ihub&utm_campaign=chart