Jump to content



Recommended Posts

What happened to this? Opened at $4.99 then traded as high as $134/share! Short squeeze?


There are less than 3 million Class B shares outstanding and very low average daily volume. So yeah, someone probably shorted this in size, then got squeezed out (LTRPA up 20% today) and was forced to cover in a situation in which very few shares were available to purchase at any price.


That's my best guess. 



Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...