I would agree not many penny stocks have a hard to barrow signal but this one does see the green box...
$LAHO Very strange trading behavior to go with the 22,500 share 5-digit trades yesterday and just now again - multiple times - with walls periodically posting on the ASK.
Folks, it would be real interesting to see what would happen if retail traders hold off on selling ANYTHING for just 2 or 3 hours. There could really be a MM or two with a naked short position to get squeezed.
I rarely consider this sort of thing as a very possible reality, but... imagine what a short squeeze would do right now with LAHO!
I agree, the potential can be mind blowing, assuming there's a considerable naked short position. Whether it would be as effective from where we are now vs Sept 12th or closer to the conclusion of the RM, is arguable. Any time frame though could/should be explosive. I hope we see it soon!