- Entry
- $28.87
- Now
- $25.92 -10.2%
- Target
- —
- Score
- —
EDIT: found out 2024 convertible notes have a strike of 9.75 that allows for \~ 61m in free shorting pressure for the people that hold them. anything over that is a hedged risk and is what is representing the volatility. This probably kills a squeeze attempt without massive buying and holding volume. I'd say this is more a day trade/swing trade stock OR a legitimate long term investment hold. Squeezing will be very hard when they have that much in …
— ORIGINAL POST ·
APLD - Heavily shorted, recent catalyst, shorts doubled down vs covering
· r/Shortsqueeze
· Apr 24, 2026