Tupperware has been threatening to go bust for months so of course the WallStreetBets crew have been piling in nuking all the short sellers and creating an 800% run over the last few days.
With earnings out tomorrow this could end in disaster. It's not one I would trade, but could be an interesting short if you were prepared for your money to go to zero rather than hero.
Will be interesting to see what happens over the next few days.
Comment
⋅
Ouch. You know someone got caught at that high. Was down 32% for the day on earnings and there is another 7% or so drop in the aftermarket.
Comment
⋅
As expected, it gave up almost all of its gains, but looks like the lads from WSB are back at it again. Quite a lot of volume and 100% run.
Comment
⋅
Burned its way back to $1.68 but still much higher than when the fake pump started. Wonder how many people got burnt. Someone bought those highs...
From my perspective it can easily go above $20 after this correction...