ilmscore | Prediction Details
"at this point after two halts in a row going up what often happens is you get a surge higher We're going to resume let's say 12213 a share so we're going to resume quite a bit higher here so let's say we resume at 13 what'll probably happen is we'll Spike up because some people who are short right now have a margin call they already have a margin call which means their broker is looking at their account and is saying uhoh this person is in the negative we've got to buy we've got to cover so they take over their account the person whose account it is gets locked out they take over their account and they just press the buy button to cover the position so now they've got to cover it so you're going to initially have a spike most likely you'll see a continued Spike higher from some additional short covering"
By Ross Cameron - Warrior Trading | October 15, 2024 | Pending
From video
$DRUG Squeezes 587% and HALTS in the Recap 00:31:30 - 00:32:02
Interpreted Prediction
After two consecutive upward halts, DRUG stock is predicted to resume around $12-$13, then spike higher due to forced short covering and additional short covering from panic market orders.

Prediction Details

Ticker
DRUG
Initial Price
38.49 USD

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