Why Short Floats Catch my Eye A short float means a ton of traders are betting against a stock. Also known as "shorting." They're basically borrowing shares, selling them, and hoping to buy them back later at a lower price. But if that doesn't happen – then things get interesting... If a short float stock like SOUN starts to move higher-those short sellers start to panic. Why? Because if the stock keeps rising, there's no limit to how much money they could lose. So they're forced to buy back the shares they borrowed to stop losing money, no matter the price. And when a ton of short sellers all rush to buy at the same time? That's what we call a short squeeze. And I'll be tracking SOUN as a short squeeze candidate this week in The War Room. Action Plan: Overall, SOUN's short float could set up a rather large short squeeze, especially since it broke out of range yesterday. A gap-fill could set the price target around $15. To see exactly how I'm trading this stock, click here to join The War Room. P.S. My colleague Karim Rahemtulla will be going LIVE with JC Parets to discuss the latest money moves in foreign markets. Click here to sign up for that free event today.
Today's Livestreams Nate Bear (Daily Profits Live) 10am - 11am 1pm - 2pm Start your trading day off with chart analysis from our Lead Technical Tactician Nate Bear. Nate and DPL members crushed it during the market rally yesterday. Nate also recently revealed two charts he's looking for potential trades on a pullback. Not a member yet? Click here to join Daily Profits Live. Already a member? Click here to login to the Command Center. | 
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