Stock News

UWMC short squeeze imminent

UWMC has a great jump yesterday and that has led to short borrow costs skyrocketing.

From ~ 33% on Monday to over 98% as of Today 05/14/2021 with very few shares even left to short.

The float pool is nearly depleted and that has led to a considerable run, in addition to a 300M stock buyback announced starting May 11th.

Ishbia is squeezing the shorts with a buyback just like RKT did with that special dividend.Jump on board!

Im up 15% on shares and 35% on 6/18 options from the sale Tuesday this week (post-earnings DUMP was a perfect buy in but we have plenty of room left to run).

I AM LETTING IT RIDE ON THE TENDIE TRAIN!

obligatory rockets:🚀 🚀 🚀 🚀 🚀 $UWMC 🚀 🚀 🚀 🚀 🚀 🚀 🚀

Related WSB discussions:https://www.reddit.com/r/wallstreetbets/comments/ncczh8/uwmc_on_nyse_threshold_securities_list_regulation/

https://www.reddit.com/r/wallstreetbets/comments/nc8tj0/uwmc_this_seems_huge_position_in_2nd_slide_lfg/

submitted by /u/NotThatSpecialToo
[link] [comments]

Jump To The Original Source

Facebook Comments

Check Also

Robbing da hood

submitted by /u/FishbowlPrime [link] [comments] ...

Archives