Jun. 19 at 12:49 AM
$GRPN https://www.instagram.com/p/DZv3OOsRknd/?igsh=Y2kxeXp1Z2RiaXEw
$GRPN $SPY Watch 🔥
Short sellers are piling in — float short sits at 60%+ with ~11 days to cover, among the most heavily shorted small caps on the board. Despite a light pullback the last two sessions (-2.2% on below-average volume), there’s no sign of panic selling — just normal drift.
The setup has the bones of a squeeze: thin float, climbing short interest, a name flying under most traders’ radar. What’s missing so far is the spark — borrow costs are still cheap, meaning shorts aren’t under real pressure yet. That could change fast if Aug 12 earnings beats and forces capitulation.
Worth keeping on the watchlist. Not a guarantee — just a name where the numbers are starting to get interesting. 👀
Not financial advice. DYOR.