exSQUEEZE me? Yes Please! (Short squeeze push week 4)

We've made a really solid run. The good news keeps on coming. Huge day yesterday should give us a solid base above 20 now. If we break and hold 21 early in the trading day, expect shorts to be covering a little extra. Watch for the squeeze to take us up to 21.50 and as high as 22. If we get major players backing us on the push up into the weekend it's possible this could pop higher but its beginning to shift fundamentally soon. The true value of this stock might change drastically over the next year or two. Remember the share prices of AMD and intel are not equivalent. AMD has much more room to run, and if they back it up with a solid GPU against the competition, then its going to concentrate value very quickly.
Next earnings should tell us if the 50% market share numbers are holding and also about selling out of Epyc at vendors. This run is about to break into a full out sprint imho. Let's all enjoy the ride!

تم فتح الصفقة:

Well that wen't way better faster than expected. Looks like we might even be heading to $25 in the next week or two. Should be closing over $23 at EOD.

تعليق:

For the record I was trying to be a bit conservative with my estimate after the MM pushed the stock down last time we were close to a squeeze. Looks like those players may have joined us pushing for the squeeze!

تم فتح الصفقة:

Looking good for the afternoon. It's likely most of the short covering is over, but don't be so sure that we wont see a pop up after hours today. Most of the damage is likely done already, though we could still exceed these updated targets.
$24-$23.50 EOD expected. If more squeeze hits at the end we might go to $24.50