Stocks to Watch ...
I need a better title.
Two companies came up on my screens, they have already had their short-covering moves, so I don’t expect another short covering move anytime soon. These are stocks to watch ( charts below). They are in an uptrend so they are safer to buy as you are trading with the trend and you agree with the fundamentals .
GOGO Gogo Inc
SKT Tanger Factory Outlet Centers Inc
Short Squeezes
Short squeezes happen in the market more than people realize. They happened in the stock and futures market and have for years. There are no real reasons that they won’t happen in the future. That being said, the purpose is to make money on a more speculative trade. The purpose is not to get something from the market, it is to take what profit you can from the market. That is what it is, a trade, not something you put a lot of your portfolio into, but more of a dessert.
GOGO Gogo Inc
SKT Tanger Factory Outlet Centers Inc
Info Feb 19, 2021
Ticker Price
GOGO. 13.00
SKT 14.60