Oct. 4 at 2:41 AM
$HYLN We should talk about this...
In another thread, we were estimating the potential for a squeeze. I had been under the impression that it would spike into the
$50's per share due to the high short interest and illiquidity of the float. AI estimates a top price of about
$12.
6x, that's not bad. Obviously, the less people who sell, the higher it goes, but it becomes a huge instance of Game Theory. Also, I think the price will creep up into the
$4's+ before a squeeze, so that might change the top price, especially if the shorts keep digging in as they have been.
As a former
$AMC APE, I'm planning on not selling anything until the options chain is expanded. Presently, the highest call is
$5. When it gets expanded following the start of a squeeze, I plan to sell calls in order to hopefully cash in on the premium without having to actually sell shares. I'm here for the long-term potential. I hope ya'll don't sell out at
$4.
Here's part of Grok's estimation of top price in a possible squeeze:
