InvestorsHub Logo
Followers 83
Posts 6960
Boards Moderated 0
Alias Born 01/29/2007

Re: None

Saturday, 01/30/2021 10:47:54 PM

Saturday, January 30, 2021 10:47:54 PM

Post# of 1958
$ENSV squeezed on 3TimesMoreStockVolume than all the stock.

Thursday 14 million trades, but there are only 5 million shares. It is a real company 39 years old and normally profitable. Oil services.

There is Seeking Alpha article3 on the short situation.

https://seekingalpha.com/instablog/535947-darp-research/5548999-why-enservco-is-better-short-squeeze-gamestop

Why Enservco Is A Better Short Squeeze Than GameStop

Conclusion:
On a value basis Enservco (ENSV) is worth more than the $10 million market cap it has. It has been around for 39 years and has been down to the $2-4 range 9 times in those 39 years. It has also been to $40 seven times is those 40 years, and once to $117, which is a 60 bagger a rarity for any stock. Going to $5 or $10 in an oil upcycle is totally reasonable, ignoring the short squeeze potential, as it has so frequently cycled between "in favor" and "out of favor". It it is a real company with a CEO who is on side of investors as he is the biggest investor in it.

However there is another factor, the volume on Tuesday and prior short squeezes of Enservco, its very expensive short interest rate to lend, being there are only about 15,000 shares left to short and the indications it is heavily naked shorted indicate it is very vulnerable to a huge short squeeze. Who has been squeezing it? Have no idea. But if the investors in ENSV only sell 10-20% on the days the stock is up 25-50% on a squeeze it would seem a super squeeze would take place and it could reach its $5-10 target in days or even hours.





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.