This stock is promoted in PennyStockParlay
They story: Big squeeze of history.
They made me laughing too
Watch it:
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CWNR Closed Green On Friday up 6% and was up as high as .185 cents even though half the volume was short Friday!
Right Now CWNR Crosswinds Renwable Resources has more share es short than the company has in the float!
That's right CWNR has 9,010,419 in the float and there was over 12 million sold short last week!
Guess What? They May Be Covering It This week and buy it all back!
You could become a part of one of the most massive short squeezes with CWNR since Travelzoo of 2004!
Oh yes we all remember that one don't we? Let me refresh your mind..
Bearish traders took on this very play in Travelzoo in early 2004, betting that Travelzoo was overvalued and locked into a competitive, low-margin business. Almost the entire 3 million shar e float was borrowed and sold short.
(CWNR has 12 million of the 9 million float short!)
The company's short interest ratio -- the total number of shares sold short divided by average daily volume -- stood at around 20. That means it would take about 20 days worth of average trading volume to cover all those shorts.
At the time, the shar es were trading well below the 10 dollar mark. However, those short-sellers were soon to be in for a rude awakening. In late April of 2004, Travelzoo broke out to a new all-time high. And within two weeks, it was trading closer to 15 dollars per share. Recall that when a stock rallies, short sellers lose money. Traders who had shorted Travelzoo at 10 dollars were now down by 50 percent on their short positions.
By this time, some shorts had already started covering their positions; they were looking to just cut their losses and move on. But there was a problem with that -- when you cover a short position, the short seller must buy back back the equity. Buying the equity, of course, tends to push the shar es still higher, causing even more pain for the remaining short sellers. That, in turn, can create a vicious cycle known as a short squeeze -- successive waves of short covering force a stock higher and prompt yet more waves of covering and accelerated buying.
The result of the short squeeze in Travelzoo was impressive. The equity rallied from below 10 dollars in early 2004 to a high of around 100 dollars by December of that same year.
Thus, within the span of 8 months, Travelzoo returned more than +1,000 percent.
If you'd jumped into Travelzoo as the company's short squeeze took hold, you rode one of the biggest winners of 2004.
The Travelzoo story is far from an isolated tale. Every year a handful of equities get caught in short squeezes -- the gains from these events can be tremendous indeed. If you have the prescience to jump in ahead of the covering, then you can collect dramatic profits in a very short period of time.
CWNR has 12 million of the the 9 million share e float short! This is even more severe than Travelzoo which means that CWNR could end up being an even bigger winner than the 1000% gain in Travelzoo in 2004!
CWNR is a 17 cent stock. So it will be much easier for a 17 cent equity to go to a dollar seventy than it would be for a 10 dollar stock to hit One Hundred dollars per share right?
So what if CWNR hits 5 bucks or even 10 bucks…Wow that would be gains of 3000-7000 percent!
Anyhow get ready for a massive week next week in CWNR as I believe it may the the #1 top percentage gainer of the day Tuesday and for the rest of the week!
Nothing may be able to touch CWNR as it may become the largest short squeeze in history!
So you can verify for yourself the short each day last week via FINRA I provided link to each from Tuesday-Friday.
Just scroll down until you see CWNR and the number in the middle is the amount short of the total volume that day.
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