Saturday, June 03, 2023 11:51:50 AM
My assumption is that some shorts "diversified" by shorting across those stocks and so their portfolio will be adversely affected regardless of which of the 5 move upward.
This could cause a "knock on" effect where they are forced to liquidate short positions across the portfolio, including ERHE.
Which could then result in a short squeeze.
Plus there may also be opportunistic longs looking to take advantage by buying these stocks as well.
It could get very ugly for the shorts very fast...
Krombacher
Recent ERHE News
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- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 05:35:35 PM
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