www.reddit.com
Please refer to the reddit post for more info^^^^^
According to iborrowdesk.com There are only 300 shares available to be shorted and on top of that borrow fees have risen to 7.8%.
You know what that means SHORT SQUEEZE
www.reddit.com
In-depth analysis, can explain better than I can.^^^^^^
But essentially a similar situation to GME was.
A highly shorted stock that is debt free, making profit, and other good fundamentals.
Currently BGFV is the most shorted stock in the market.
The special interest date will be a big event.
Whether it squeezes or not, this stock is a great buy....
Strong financial statements
Price is consolidating at the ATH (followed by a flat - weekly frame)
H4 pattern - an expanded flat, wave C = 1,619 wave A. And a small impulse up - may be an early signal of trend continuation.
Small risk, huge reward potential.
Good luck!
NASDAQ:BGFV
Possible Scenario: LONG
Evidence: Price Action,
TP1: 32$
TP2: 34.5$
Call options, strike 25$, 10/15/2021.
Call options, strike 35$, 01/21/2021.
*This is my idea and could be wrong 100%.
In this post, I want to review the outcome of the watchlist I shared on August 28, for the stocks with short squeeze potential.
30 out of 50 finished the week with profits(60%)
10 have +10% gain(10-32%)
The worst outcome was (-7.99%)
These results clearly show we should take the Quadruple Witching phenomenon seriously, and most heavily shorted assets will...
$BGFV has the shorts scrambling to cover after guiding higher.
Big 5 Sporting Goods (NASDAQ:BGFV) pops after saying it expects to report Q4 EPS ahead of the high end of its prior guidance range ($0.02 to $0.04 vs. -$0.16 to -$0.04 prior view).
The retailer also sees full-year EPS of $0.40 to $0.42.
Sales breakdown: Sales in the company's apparel category...
Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The Company offers a range of products in a sporting goods store format. The Company also offers products online through its e-commerce platform. The Company's product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment...
A nice strong sell off today as we are currently down 10%. This market is ripe for picking as we are now at the trendline support and past year support at 8.15. Im going long here at thes levels
Retailers have been good to me over the last year and a half. It shouldn't come as a surprise that I've found solace in the retail space given my investment style. I like to find best of breeds in the most beaten down industries in the markets. BGFV is one of those. The company has increased nearly all margins over the last three years while increasing ROA, ROE,...
* Trade Criteria *
Date First Found- December 5, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Current price ($7.71)
Exit Target Criteria- $8.93
Stop Loss Criteria- $6.83
Indicator Notes- Very strong Twiggs moneyflow & Strong Volume
Special Note- Some recent insider buying
Please check back for Trade updates. (Note: Trade update is little...
