 Short squeeze What's up money geeks, mr. V here welcome to another video guys so in this video I want us to talk about Blame charging so this is a company that provides our Charging for electric vehicles and I've covered this company a lot here on the channel and told you guys where I think the company falls in the space of Electric vehicle charging and the potential of the company but in today's video I want to talk about bling charging from a different perspective. So Just stay tuned and listen and watch the video all the way to the end because the information I have in here It's something that can potentially benefit you if you don't already have a position in Bling but before we get started guys via new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content. So guys the reason I'm talking about bling charging today is because bling happened to be number two on the high short interest stock list If you guys remember when GameStop was going through that craziness I did a video here and showed you guys potential short squeeze Stacks and at that point GameStop was number one on this list And so now when I look at the list again I see bling number two on the list and again This is a company that we've been covering here on the channel and now if it's number two on the short squeeze list, I don't know what that means Potentially it can really explode and you just make a lot of you guys money or Nothing can happen, but I want to make sure that we cover it again If you for those of you that don't understand what short let's say short interest is so short interest definition and use case This is from an investopedia So if you go there it says that short interest is the number of shares that have been sold Short but have not yet been covered or closed out So again if you take a particular let's say a particular stock people that short it They just short it and just let it sit So shorting means that they sell this stock and hoping that the price will drop and then they'll buy it At the bottom and then the difference there is making profit so you can either go long or you can go short So go long you buy a low say hi go short you say hi buy low and make profit So that is what short is all about but short interest in this case for bling is Very very high again on this website high short interest stocks. They're only putting Stocks that have a short interest of over 20 percent. So if you can see right here He has to be 20 percent to appear on this list and bling happened to have a short interest of over 41 percent close about 42 percent So that's almost like over like over 40 percent of the float is actually shorted That is not usually a good sign which most in most cases people believe that the price is gonna drop But you we've seen how the short squeezes usually happen, right? People start buying and then the people that are shorted is stuck try to cover and then it keeps pushing the price up and up And up case in point Game stop so that is what I wanted to kind of bring this to your attention because again like I said The stocks there appear on this list. Let's look at where GameStop is currently Trading right now on this list or trending GameStop is right here. So GameStop is not even the top 20 Maybe top 30 GameStop is completely at least out of their the top five right now So companies that I'm seeing here that is some companies that we've talked about on the channel again bling as number one That we've talked about here. I see fobo. I see I and oh and those are all companies I will cover here on the channel and the short interest there is crazy if you look at beyond meat and Workhorse so I can understand workhorse beyond me. Maybe Fobu Inovio, I mean all these other companies it doesn't mean that this is gonna happen It's just mean that a lot of people or think that this company is the price is gonna go down And so they're shorting it for some potential profit So but we'll see how that happens again if the folks on Reddit say this and decide to make bling The next GameStop that would be awesome And that's why I wanted to really talk about this because bling is really sitting right now at a position where it could become the next GameStop again, this is where people get that information from in terms of the high short interest So again, let me know guys What do you think about is bling being on this list and if we go here the news that Bling was actually trading at about 13 percent higher for the day and the reason is because it said Bling is one of the most heavily shorted stock with over 40 percent of its flow shorted. So that's why bling made that move There wasn't any significant reason why bling should be trading higher So you see there's an opportunity there that people can actually make money So if we take a look here, so this is if we just go back five days So look at this so April 8th look at bling open up at about 42 and squeeze all the way to about 46 Before pulling back again So if you see the high there was 46 30 and then before start pulling back So again, there's a possibility that this can still Squeeze up next week if bling continue to be on this naughty list which again we've seen stocks that have been on this list just Go parabolic and make people a lot of money and some people lost a ton of money in those parabolic moves too So yeah, that's what I wanted to cover in this video again. If you don't know what bling does they do provide electric vehicle charging stations The building discharging stations across the country and that's the business model So you see them at like your apartment complex your grocery store or maybe a ballpark or any place where People pack vehicles and and go about their business. You would see these charging stations there So that's why I want to make sure you guys are aware of these So yeah, let me know in the comment section what you think about is if you're new to the channel We took a right how to earn money how to save money how to invest and build wealth That's something that interests you go ahead and hit that subscribe button and a notification bell too Don't miss out a new content Also, if you are looking to get to there with investing Weibo has their promotion where if you sign up and deposit a hundred dollars You get some free stocks links in the description below and as always guys Do your due diligence. Don't be a greedy savage and stay motivated