No.19
Will Meade, a former hedge fund manager turned Twitter (NYSE:TWTR) stock influencer with more than 200,000 followers, is predicting that a short squeeze could push AHPI stock up to $10 per share. Meade has a few reasons for making this claim.
First off, he notes that Allied Healthcare is a company that manufactures oxygen cylinders and respiratory products. That makes it a perfect target for growth alongside other stocks connected to the novel coronavirus pandemic
In addition to this, Meade points out that the stock has a high short interest. S3 has short interest for AHPI stock sitting at 41.5% while Marketwatch has that number coming in at 53%. This makes it the most shorted COVID stock.
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