-As with other high-profile meme stocks, the retail investing community is adopting Clean Energy as a potential short squeeze play. Indeed, the companyโs short volume ratio of 24% is high. Any stock with a short volume ratio at or above 20% has the potential of being targeted as a potential squeeze play.
-And given the chatter on various social media platforms around CLNE stock, this company has more than entered the short-squeeze discussion of late. In fact, CLNE stock is the most-mentioned stock on r/WallStreetBets at the time of writing.
-The company launched a new website and unveiled a new logo via a multimedia press release.
-This companyโs management team hopes this rebranding effort will focus investorsโ attention on Clean Energyโs positioning as a leading provider of renewable natural gas for the transportation industry. The company touts its commitment to expanding renewable fuels. Presently, this expansion is focusing on investments in the dairy and agricultural sectors.
-This messaging is intended to denote a circular economy, where waste is turned into sustainable fuel. Clean Energyโs coals are altruistic. Accordingly, investors appear to be jumping on this stock for more reasons than one.
-CLNE stock certainly remains a favorite of meme stock investors and short squeeze hopefuls. However, there are other reasons to own this stock today. Indeed, it appears any sort of positive news is being viewed as a catalyst by investors. This is certainly an interesting stock for investors to keep on their watchlist right now.
Our Opinion:
Keeping a good amount of attention on itself, having a good short interest ratio, and being Reddit's favorite, forming a symmetrical triangle, CLNE has all the catalysts to jump to the moon! Due to the high volatility, these types of stocks have, one should keep their stop-loss fairly tight!
-And given the chatter on various social media platforms around CLNE stock, this company has more than entered the short-squeeze discussion of late. In fact, CLNE stock is the most-mentioned stock on r/WallStreetBets at the time of writing.
-The company launched a new website and unveiled a new logo via a multimedia press release.
-This companyโs management team hopes this rebranding effort will focus investorsโ attention on Clean Energyโs positioning as a leading provider of renewable natural gas for the transportation industry. The company touts its commitment to expanding renewable fuels. Presently, this expansion is focusing on investments in the dairy and agricultural sectors.
-This messaging is intended to denote a circular economy, where waste is turned into sustainable fuel. Clean Energyโs coals are altruistic. Accordingly, investors appear to be jumping on this stock for more reasons than one.
-CLNE stock certainly remains a favorite of meme stock investors and short squeeze hopefuls. However, there are other reasons to own this stock today. Indeed, it appears any sort of positive news is being viewed as a catalyst by investors. This is certainly an interesting stock for investors to keep on their watchlist right now.
Our Opinion:
Keeping a good amount of attention on itself, having a good short interest ratio, and being Reddit's favorite, forming a symmetrical triangle, CLNE has all the catalysts to jump to the moon! Due to the high volatility, these types of stocks have, one should keep their stop-loss fairly tight!