u/IndependentSmoke4744 ·
Reddit — r/smallstreetbets
· June 03, 2026 at 18:02
· ⬆ 21 pts
· 💬 11 comments
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The stock is down 2% and still above $8. Nothing changed with the fundamentals. Both the short interest and CTB are still high.
Honestly, this type of movement is exactly what I want to see. Squeezes don’t just go straight up every day. They spend time building a base and shaking people out before the next big move. I'd rather have a stock chill around these levels than watch it dump through support.
I’ve seen people throw around price targets of $30, $40, even $50. I personally think this will end in the $16-20 range, which would still be a great win for my calls. But who knows lol. Anything is possible in this market. At the end of the day, who wouldn’t love a move to $30+ 🤣
Still holding!