Maor_C

SRG - Long (Short Squeeze)

Long
NYSE:SRG   Seritage Growth Properties
REIT, Starts its way up down from March bottom supported by an ascending tunnel.
Inst own - 88%
Short float - 38%, 33M shares float, short ratio - 19
All the mention above could increase our trading idea.
In the last trading day - we can see a unusual high volume, which could make the short traders close their positions by buying the stock to cover.
*We have not yet a confirmation to enter the trade!*
Goodluck!

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