The shorts might pay the piper on this one

Daily Pit Stop [fstp, logo, header] March 18, 2024 [ag views, logo, header] The shorts might pay the piper on this one Mark, Licia and I covered Nuscale Power Company Inc (Ticker: SMR) today in The Ticker Show and bought a couple of calls. At this point, short sellers might have some troubles in a name with only 52 million shares floating about. The current 60 day borrow rate is over 100% annualized so if you want to short SMR, it will cost the value of the stock to do it. [stp] Reddit has found a voice for all the long punters wanting to squeeze the shorts. We owned this one in Cap Gains and rolled it into The Ticker Show. This company does have a good shot at being successful if they get their small scale tech into a nuclear reactor. The shorts might get an ouchie. - AG  [logo, pit profits] - Capitol Gains - MTC sold a SMR Aug16 7 call for 150% return - Option Pit Mentoring - OPM closed SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/1-888-872-3301) Monday-Friday from 9 a.m. - 5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com)  [logo, fvix, header,] Bullish Paper In These Stocks Hey Traders! In Today’s video, we’ll cover: - Bullish paper I’m seeing - Two events worth paying attention to this week - Bonds and their immediate future - Gold, Oil and Bitcoin - Levels in the major indexes [vix]( [Click here to watch the video!]( - Mark  [fpri] Money Supply Signals Equity Correction Hey Income Hunters, A 25% surge in stock prices in 5 months is an event that has only happened 7 times since the 1930s. This was a point brought up by Bank of America’s Michael Hartnett last week and as you can see in the chart below it raises a real concern for bulls in the short run.  [pri]( Hartnett raised the point that moves to such extremes have only happened during recession lows (as in 1938, 1975, 1982, 2009, 2020) or at the start of bubbles. You know where I stand on this … I believe we entered a new bubble ignited by government spending and a Fed that will sit on their hands as inflation picks back up. However, as I mentioned in [last week's newsletter](, tax time delivers a tightening force on stocks as money supply decreases. A correction may be in motion … [Click through to see why.]( - Bill   Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. 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