Dec. 4 at 3:37 PM
$NUTX Capybara is stuck on this. Expect a squeeze imminent.
NUTX is up 13% today on 46k volume.
Total net buys (buys less sells) of 20k shares today.
20k Net buys is moving this stock up 13%......
No one is selling shares and walls going up are thin.
There is 806k shares sold short as of 11/15
Expect this number closer to 1m as today - Q3 earnings and Capybara short report both occurred after 11/15
For a short to close a 1 Million share position on a stock with this thin of asks - we can expect a squeeze on closing to send this above
$200.
This does not factor in any share buybacks from NUTX (180k shares expected to be bought back)
