Does anyone trade these types of stocks? I have read that the theory is that these stocks can make big moves to the upside as the shorts cover. In some cases there are stocks that have over 50% of the outstanding common shares shorted. That seems really high.
The low float stocks to me would probably not be something I would do, the volume of those stocks is ultra low, like with Penny Stocks
Anyone do this? I guess in my case I would buy Calls that are just at the money or slightly…