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Short Squeeze Stocks: PINS CGC ACB MSOS ROOT DJT POAI

Short Squeeze Stocks: PINS CGC ACB MSOS ROOT DJT POAI
Written by
Alex Carlson
Published on
April 30, 2024
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InsidrFinancial

Insider Financial recaps the day's small cap action and covers the short squeeze stocks on our radar screen.

This video covers PINS, MSOS, CGC, TLRY, ACB, POAI, ROOT, and DJT.

Video Summary

PINS strong earnings report after the bell.

Cannabis-related stocks rose sharply higher in afternoon trading Tuesday after the Associated Press reported that the U.S. drug control agency, the Drug Enforcement Administration (DEA), is set to reclassify marijuana as a less dangerous drug.

ACB 52% float short. CGC 13.9%

Shares of Predictive Oncology (NASDAQ: POAI) shot up nearly 30% in post-market trading Tuesday after the company said it is collaborating with FluGen to bring its intranasal flu vaccine to market. Just a 3.91m share float.

ROOT huge earnings beat. 19% float short. Shorts will be in pain.

Tomorrow is also Fed Day. FOMC decision at 2pm and then Jay Powell’s press conference at 2:30.

Markets are nervous. Why the selloff today. I think we are starting to see some rotation out of the Magnificent 7 into small cap special situations like DJT, which continues to squeeze the shorts.

Also, look at the moves in cannabis stocks today. Markets aren’t easy, but there’s always opportunities. Just need to follow the trends.

I will also be scanning the pre-market, as I do each trading day. If I see anything else, I will let subscribers know. That’s why signing up is so important, and it’s completely free.

Bottom Line

As we keep saying, there are always opportunities in the markets, and it’s our job to find winning stocks to trade. Huge gains can be made in such a short amount of time.

It’s essential to look for stocks that have yet to run. There are plenty of opportunities, and we look at hundreds of stocks weekly for our subscribers.

Remember, all it takes is one or two to become a winner, and you’ve crushed the market indices (and Jim Cramer) for the year.

Good luck to all (except the shorts and Cramer)!

WHEN INSIDER FINANCIAL HAS A NEW COMPANY TO RESEARCH, IT IS IMPORTANT TO PAY ATTENTION. AFTER ALL, OUR FREE NEWSLETTER PROFILED MANY TRIPLE-DIGIT WINNERS FOR SUBSCRIBERS. WE ALWAYS ARE LOOKING FOR MOMENTUM BEFORE IT HAPPENS!

Disclosure: We have not been compensated for this article/video. Insider Financial is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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