Hi Everyone,
XUII saw yet another strong day on great volume. Short sellers are desperate to cover shares and as we mentioned previously, they will have to buyback over 50 millions shares in our opinion.
USEC Inc. (NYSE:USU) was a recent short squeeze play that saw its share rise from about $2.60 to over $29. This goes to show that massive short squeeze does happen and that XUII will likely be the next stock to soar over 1,000%.
With Mac Miller's concert to be broadcasted live tonight (9H45PM MDT), we expect Wall Street will rush to buy shares tomorrow morning in expectation of strong results from the company. After the last live broadcast with Akon, XUII announced that it increased its traffic by 600%. This time around, XUII could see a much bigger increase in traffic and this could spell a higher price per share for the company.
Analysts believe XUII to be a Strong Buy with a $5 price target and so do we! If you buy XUII tomorrow, your chance for large gains could still be very real and we could potentially see a ten-bagger move.
If you missed the report from the analyst click HERE.
Our affiliates are still buying all they can under $1 as they believe XUII is on the cusp of an epic squeeze. Many believe that XUII could trade over $3 in the very near term.
Act fast tomorrow, today's gain of 6.50% is just the start of many more green days.
Happy Trading,
Your AwesomePennyStocks Editor.
Disclaimer!
(Any post contains only my opinion as I do not make any stock recommendations. Please conduct your own due diligence. Good luck to everyone!)