I’m long AMCN overnight as it could squeeze in the morning if 5 breaks out. Low float with 800,000+ shorts that may panic for a classic Friday short squeeze. Hitting new 4 year highs. Risking off 4.75. Trending with 50 EMA.

 

VIMC hit new highs only to close red. Hovering at the 50 EMA 13.20s level, tug of war between bulls and bears. I’m holding long if 13 holds support. 1 million shorts could still panic on a bounce. Zero 5-year resistance. Former runner. 

 

CHOP may very well collapse and I’d be short except it’s too illiquid for me. Volume has dried up substantially. If the 3.50s crack, it could fade quickly. I’d be careful as any news or PR could squeeze. Just watching for now.