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SVU Short Squeeze Alert

Evening Stock Traders and welcome to my TopStockPicks.com website and the home of the SuperNova Elite newsletter which focuses on stocks ranging from $.001 to $5 in price with additional alerts from $5 to $10 and now options trades on all price stocks.

Today our alert was on SVU as a “Short Squeeze” trade coming off a bottom bounce. We picked this stock up at a very attractive price level and I personally feel this stock has a shot at being squeezed past $2.50 to $2.75 price levels. Right now according to shortsqueeze.com SVU has a short position of over 99 MILLION shares which is 47.02% of the tradeable float.

When I look for a stock with “short squeeze” potential, I usually look for a stock with 15% of the float being shorted so SVU is a PRIME candidate imo for a possible pop off this bottom.

Now, I can’t tell you what price we got in at and what our target is, but I will tell you if this squeeze happens then we could see a significant gain in price. It’s also important to remember SVU was trading over $5 per share not that long ago and the current 20 MA line is at $3.24 and the 50 MA line is at $4.08, so there is plenty of room for growth on this bottom bounce NYSE stock.

For more updates and for more “Short Squeeze” alerts like this, please click on the learn more button below.

SVU

2 Responses to SVU Short Squeeze Alert

  1. Killing it here today on SVU as we trade at $2.44 and near our target. If we push $2.50 we could see a bigger squeeze

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