LFIN and RIOT = Blockchain! Blockchain! Blockchain!

Blockchain, Blockchain and Blockchain!! That is the theme of this morning. Smaller crypto and blockchain names were moving on volume this morning. Most were moving in sympathy with a very popular name these days… LFIN. While they did not completely follow LFIN up throughout the session, we have seen big buying volume come in. I suspect a small short squeeze is taking place in LFIN and we could see this continue in the short term. The spot mark in LFIN is $33 to the upside if the short sellers continue to bail on this name.