Short Volatility Alert: Commercial Intl Bk
Portfolio Pulse from Christopher Sappo
Commercial Intl Bk (OTC:CMGGF) experienced volatile short activity on Friday, with the stock price remaining unchanged at $1.21. The overall sentiment for CMGGF is bullish, but the volatility alert signal is trending bearish, leading to a strong sell recommendation.
June 05, 2023 | 1:38 pm
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Commercial Intl Bk experienced volatile short activity, with the stock price remaining unchanged. The overall sentiment is bullish, but the volatility alert signal is bearish, leading to a strong sell recommendation.
The volatile short activity in CMGGF indicates that there is increased interest in shorting the stock. Despite the overall bullish sentiment, the bearish volatility alert signal suggests that the stock price may face downward pressure in the short term. This leads to a strong sell recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100