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Showing posts from September, 2021

SPACs Are The Next Meme Stocks - Buy The Warrants And Cause A Squeeze - HLBZW, OPAD.WS, IRNT.WS

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Recently listed SPACs have been on fire. This trend started with IRNT and spread to a few others including OPAD and HLBZ. The smart thing to do would be to buy the warrants of these listings - IRNT.WS, OPAD.WS and HLBZW. The warrants all have a strike price of $11.50 and are trading significantly below intrinsic value for the case of HLBZ and IRNT. If you can only get into one, HLBZ is the one to get since it's the most undervalued of the lot and the opportunity for arbitrage profits will come soon.  A warrant is the right to buy the stock at a certain price called the strike price. The warrant should be priced at the stock price less the strike price plus some time value, just like a call option. When warrants are trading below their intrinsic value, there is easy arbitrage to be had. Let's give an example with HLBZ: Stock price = $28.23 Warrant price = $2.31 Strike price = $11.50 If someone was to buy the warrants at $2.31 and then exercise them at $11.50 for stock, that woul

The Three Top Short Squeeze Candidates For This Week

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Back in May  we outlined SPRT as the top short squeeze stock when it was trading at only $2.68 .  We were largely ignored and censored on the WSB Reddit page because SPRT didn't meet market cap requirements. Well now SPRT is popular AFTER people after put their money in at $50 and are losing as the stock pulled back to $21 after its major squeeze. You win on the stock market by being the FIRST one into the meme stocks, not the last. Here are the top three stocks to look for a major squeeze on this week: #1 IVERIC bio, Inc. (ISEE) ISEE moved up on the mixed data and negative market reaction on APLS, a rival eye medication. Shorts are in big trouble here as the stock moved up 62% on Friday and spiked up more after hours. They may not have been prepared for such a poor result on APLS and are therefore caught in a bad short with the stock hitting a new 52-week high and sitting at more than double the price it was a few months ago. Yahoo Finance data shows that there 10.8 million share

OTRK is the Next SPRT Meme Short Squeeze Stock

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 Back in May  we outlined SPRT as the top short squeeze stock when it was trading at only $2.68 .  We were largely ignored and censored on the WSB Reddit page because SPRT didn't meet market cap requirements. Well now SPRT is popular AFTER people after put their money in at $50 and may be losing as the stock pulled back after its major squeeze. You win on the stock market by being the FIRST one into the meme stocks, not the last. The next major meme squeeze is Ontrak, Inc. (OTRK). We think it will hit $20 in the coming weeks but can't rule out a higher price as stocks like SPRT, GME and AMC show that the sky is the limit on heavily shorted stocks.  This would not be the first time we called a squeeze on OTRK. On March 4,  we announced it as a top short squeeze candidate . That was the day it closed at a low of $24.39. In two weeks it was trading as high as $39. Great money can be made on stock and call options if a similar move was to occur again.   This is OTRK's share sta