Yes, that NXXT, the bot darling that was spammed on every subreddit with fluff pieces. Only now there are technical signs of a potential mild squeeze.
In the spirit of the bots, I should be saying 100x from here, everyone FOMO now, buy buy buy!!! but instead I will just tell you what I did and you do what you think is right.
I saw the short interest at 9.5% and barely any time to cover (0.05 days) and said "pft, another trash stock that isn't going anywhere". But then I looked at cost to borrow and it went to 400%. There were 100 000 shares made available, which calmed the pressure down, but as of now, there are again zero shares to borrow and thecost to borrow is at 310%.
I bought in with 10480 shares. Will play the timing tomorrow, my price target is 1.5 per share, at which point I will sell half of my position and keep the free shares running. Of course, there is a high probability that instead the stock will go down to 0.4 and I will become a bagholder, but I feel like taking a gamble.
Best of luck to everyone and don't spend money you're not prepared to lose.