Carver Bancorp (CARV, $21.89) shares more than tripled, apparently on social media hype

Carver Bancorp  shares more than tripled on Thursday, as retail traders talked up the financial services company’s stock.

"Blasting up!!" one poster declared on a subreddit called r/carvstock, on Wednesday. "$CARV to the moon!"

"Spread the word people!!!" another poster wrote. "This will gamma squeeze… get as much people on board as you can!!! 68% shorted."

Meanwhile, message volume about Carver Bancorp was up 524% on Stocktwits. "$SCARV don’t fear the rip!" commented a poster on Stocktwits. "Buy it! The short interest is 60% of float! Market cap 100 million. Upside 300%+".

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Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.