40% shorted company thats already undervalued by 3-4x for no more reason then covid, short squeeze "soon" to come.
Takes 30 mins just to gett a parking spot with all the pent upp demand.
Might see the company go past 50$ by 2021.
7.5$ is no way justified unless something worse then the great depression happens. Your basiclly saying today is the worst day in the entire companies life time by saying it could go past its floor (11,80~) to 7.5$.
You belive a company can go bankrupt with 1 billion in cash, 350 stores open with a booming online buisness and new record sales? If so then short it more so i gett higher returns on the big squeeze.
Thank you to all the shorts that just look at graphs.