So I typically devote 10-20% of my portfolio to trading microcap stocks. I understand it's risky.
I bought a bunch of microcap shares, only to have a seeking alpha article cause a huge bearish sentiment on the company. The stock tumbled roughly 60% from where I'd bought it, and started carrying roughly 30%-40% short volume. I trimmed my position but kept about 60%.
Now the company has put out an insane amount of good news in the last week, capped with a deal with a blue chip worth millions, if not tens of millions.
So what exactly happens in a short squeeze?
Submitted September 28, 2017 at 07:50AM by Monkeybomber http://ift.tt/2xDDlQq
