Short Squeeze tomorrow?27 Jul 2022 21:26
Although we have no short interest on short tracker, Ortex gave me a little freebie peek. I am not absolutely sure on this, but I believe 3 million shares were taken out on loan when HOC was around 112p. If what Ortex revealed which was also a week out of date then we may have someone to squeeze tomorrow. If they get out of the trade HOC could rally with some strength tomorrow. At the very least silver has passed the $19 handle and gold futures has just passed 1736 per ounce. HOC need good precious metals prices and if they materialise HOC share price can go back up again. Tony