From near its all-time low of 0.05, it surged all the way to a high of 2.75—a gain of over 5,000%! After extreme volatility at elevated levels, the current price of 2.42 is still up nearly 18% on the day. When faced with a “monster stock” that has already shot sky-high, ordinary retail investors fear most of all buying at the top and getting stuck holding the bag.
But in the eyes of top traders, as long as the trend continues, the profits keep coming! How should we trade in a market experiencing such an intense short squeeze?$BTW