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TRCH - Time To Sell Metamaterial The Short Squeeze At Torchlight Appears To Be Ending
June, 22 2021 03:46 PM
Torchlight Energy Resources Inc.
There seems to be a short squeeze at Torchlight, with which Metamaterial is merging to list on NASDAQ. Short squeezes rarely last long and Torchlight is selling shares, which is a very good scenario to take a short position. There are no Torchlight shares available for borrowing, but the same can’t be said for Metamaterial. I think that Metamaterial is an exciting startup, but the end of the short squeeze is likely to push down its shares back to around $3 per share. For further details see:
Time To Sell Metamaterial, The Short Squeeze At Torchlight Appears To Be Ending
Stock Information
Company Name:
Torchlight Energy Resources Inc.
Stock Symbol:
TRCH
Market:
NASDAQ
Website:
torchlightenergy.com
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