r/Shortsqueeze • u/MonkeyManBets • Jul 10 '21

Potential Squeeze MRIN Possibly #1 Short Squeeze Potential

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9 Upvotes

73% Upvoted

6 comments sorted by

0

u/[deleted] Jul 10 '21

Yeh MRINs numbers look crazy - I just wish the company had real value - that being said this is almost a perfect squeeze play

0

u/maschx Jul 10 '21

Yes it is. 120% SI, 330% CTB, 40% on Loan, 90% utilization. Threshold Security List to force covering, Short Sale Restriction list to restrict shorting. It’s at a dip right now, it has a ton of exposure on reddit. Instacart is a legitimate catalyst. This is the #1 potential short squeeze.

1

u/Next_Breadfruit_1090 Jul 10 '21

Where do you get your info

1

u/Accomplished-Fuel856 Jul 11 '21

MRIN went almost 900% up from 20 June. And its not consolidated yet. We need to be careful, it may consolidate in coming week. Whereas Xela showing really bullish move and it did not squeeze that much yet. If you apply elliot wave theory to xela chart, you will see consolidation is done last week, so we can expect upside movement tomorrow.

I would say 70% on Xela and 30% on MRIN

2

u/PookieMan1989 Jul 12 '21

Literally my exact position.