The Best Short Squeeze Candidate You'll Find Right Now. Shorts Are Truly Trapped.
Vroom, Inc. Common Stock (VRM) recently re-listed after going through bankruptcy proceedings. This is truly the greatest short squeeze candidate you'll find right now as it is a highly shorted, low float and low volume play. Shorts are truly trapped. Stats from Yahoo Finance : There are 240,000 shares short on the stock with a float of only 427,000. Unlike so many other stocks with "small" floats like this but trade millions of shares a day, VRM has averaged only 25,000 shares traded per day since re-listing. That's a sign that the trading is real and not being manipulated by bots and market makers. Shorts likely shorted that heavily thinking that bankruptcy would result in a de-listing and the stock being worthless. But that clearly didn't happen. Now they are stuck with a short position on a stock that hardly has any volume and it's impossible to exit without significantly moving VRM upward. This is one of those rare times where retail buying can actually ca...