Folks, as you know, KSS is gaining $3.5 now. Is it making any good sales - no. It gets short squeeze. KSS had 53M short shares. It still has 9.66 P/E ratio and pays 4.8% dividends. Kohl’s has 94% institutional owners, 5.3% - insiders. This morning I saw about 10M shares changed hands. It still about 40M shorts. Question, when to see another hike… Maybe today after market closed. This morning KSS gets over resistance $21.38. Volume as now 166M over 10M day average. $25 + EOW ?
I was checking discussions, no news, only about squeeze. Look KSS chart from 9-9:30 am today. Beside, retail reddits, exited to go
Look at those who bot the lottery plays. Front month OTM calls up as much as 36,000% today. Same happened to MP last week...except for a different reason.