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home / articles / VFRM - OTC:VFRM - Putting on the Squeeze


VFRM - OTC:VFRM - Putting on the Squeeze

Do you like short squeeze breakouts? If you do have a look at this information I got from https://marketwirenews.com/short-information/OTC/VFRM/veritas-farms-inc-ten-day-short-information.html... I believe you have to be a member to see it, well worth it, it's free to join...

From looking at the information you can see what happened, someone or market makers where shorting between $0.60 to $0.75, pretty heavily probably expecting the stock to fall. Well it didn't, it kept going up and stayed up between $0.90 - $1.00. Now look at the last two days percentage of short, almost identical, this could be a sign they are reestablishing the short at a higher level, all while covering their lower short but at a loss. This is a common practice but costly and risky. If the price were to break $1.00, unless they have really deep pockets they will have no choice but to cover before it gets to out of hand. That charts shows about 170k still short, if that is correct and it starts to breakout thats a serious amount of shares to chase over $1.00 and the Squeeze is on!



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Stock Information

Company Name: Veritas Farms Inc
Stock Symbol: VFRM
Market: OTC
Website: theveritasfarms.com

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