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Their other posts in the index, biggest breakout first.
Two names that look like they're setting up for a short squeeze. Let's talk a little bit about what this means for investors. So these are certainly high risk speculations. There are reasons for the short sellers to be in these markets, so there's certainly risk of further downside movement. But the impact for investors is that the short squeeze could cause those share prices to rise. So you're buying in to these stocks at low, low prices. You could see double digit gains within days or weeks simply based on the short squeeze dynamic. Alright, Thomas, let's get into these two stocks that you are seeing a short squeeze setup in. What is the first company you're looking at? The first is Wendy's. Wendy's has already experienced the first leg of its short squeeze. It's become a meme stock. It's a favorite of traders on Wall Street Bets. We've seen some pretty significant double digit increases over the last couple of weeks, but I think that this one's still in play. Short interest is still high. The chart action to me looks like they've been repositioning at this slightly higher level, which, if you look at the chart, is still very depressed from where the stock was trading just a year or two years ago. So to me, this is a short squeeze play that is really building to a much larger squeeze potential because there are some bullish catalysts for this one that I think will help trigger some investment dollars later this year. Why would investors in Wendy's right now? What are those catalysts that you are watching? So Wendy's is a good property. It is a viable player in fast food. Over the last, you know, 5, 6, 7, 8 years, it's had a revolving door of CEOs. They've made some missteps, lost connection with the consumer. And sales have been sluggish. Growth has been sluggish and helped set up the potential for the short selling that's got the stock price where it is today. But right now, we have some catalysts in play. We've got a new CEO that has a track record of turning around ailing brands. He reinvigorigated Potbelly Corporation, which is a sandwich company, sold at a huge profit, and we expect to see the same thing with Wendy's. Let's get to that next stock for a potential short squeeze right now. This one, I think, is a tale of two stories. We've got short sellers really focused on the near term, which is a startup company with an emergent tech and high cash burn and potential for dilution. So that certainly sets up a scenario for short sellers. It's well off of its highs. Potentially could go lower. But again, there's the offsetting factor, the long term story. The fact that this company is critical to 5G. It's seen as a critical stepping stone from Earth-based operations to space-based operations. They're launching these massive super cluster arrays of 5G antennas that are able to directly connect to your phone here on Earth. And they're providing the same service from a cell phone tower, but in a space-based format. It enables 100% global coverage. The next visible catalyst for these stocks are their upcoming earnings reports, due out in early August. To me, that would be a trigger for short covering, if not a squeeze. The shorts are focused on the risk. When they start looking at the long term as a more viable, realistic option, they'll get out of the market.