Telix caught the markets attention yesterday popping +8% on no major news. However, with a sizeable short position (12.6%) still outstanding and the stock already up around 40% year-to-date, the potential for a sharp short squeeze remains high.
- We are targeting a test of $20 by TLX in the coming months for this volatile stock- TLX is currently held in “Shawns Trading Ideas” – discussed here.