8/16/24 :: VROCKSTAR :: 
MED
Is it worth a look at $18. weird
- this one showed up on my radar again, i couldn't bear to pull the trigger in May at $22 and change
- still a melting ice cube but sales misses are narrowing Q by Q
- what really draws my attention is this thing is PILED with cash. the enterprise value of the business is $50 mn bucks. OBVIOUSLY if they continue to sink into the abyss there's no price i'd pay for that
- but it's also 12 days to cover (massively shorted). in theory they don't burn much cash.
- so what gives. does anyone reading this have a clue that this thing is worth a closer look. i'd LOVE to buy calls in this ape market against this high number of shorts. not like it gets delisted or raises/ dilutes in the next 6 mo. i suppose i could always keep the eye on it for $15 where it's theoretically "free".
weird one to bring up on a friday. anyone have a clue that can help solve this puzzle in comments?
V
MEDIs it worth a look at $18. weird
- this one showed up on my radar again, i couldn't bear to pull the trigger in May at $22 and change
- still a melting ice cube but sales misses are narrowing Q by Q
- what really draws my attention is this thing is PILED with cash. the enterprise value of the business is $50 mn bucks. OBVIOUSLY if they continue to sink into the abyss there's no price i'd pay for that
- but it's also 12 days to cover (massively shorted). in theory they don't burn much cash.
- so what gives. does anyone reading this have a clue that this thing is worth a closer look. i'd LOVE to buy calls in this ape market against this high number of shorts. not like it gets delisted or raises/ dilutes in the next 6 mo. i suppose i could always keep the eye on it for $15 where it's theoretically "free".
weird one to bring up on a friday. anyone have a clue that can help solve this puzzle in comments?
V
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.