Jun. 4 at 11:33 AM
$ACHR $EH $GNPX $QS $OLOX setup is getting interesting. Cost to borrow completely exploded overnight to 596.57%.
There are only about 25k shares left to short, so anyone sitting short is paying an absolute fortune just to stay in this position today.
We are currently curling back up in pre-market, sitting around
$8.70.
The main thing I'm watching at the open is the pre-market VWAP line at
$8.38 the bulls need to protect that floor if we want to see a real move.
If opening volume shows up and we cleanly break past the morning high of
$8.88, we should get a fast rip straight over
$9.00. Micro float is a total pressure cooker right now. Let's see what happens when the bell rings 🚀 #ShortSqueeze