Trying to get this out before market open so I’m going to make it quick, first time writing DD as well so any input would be appreciated.
My buddy is a health nut and told me about SG, it looks like they’re losing money every quarter with not a ton of cash on hand, but they have been beating earning expectations and currently have 11M shares short (14.4% of the float) and are underwater by 28.5% with about 1.5M ADV (ConqDTC is 7.4 days) and currently up 36% this week. Earning is August 9th and I expect if they post decent earnings it could be a nice short squeeze. Any input is appreciated as I’m definitely still an amateur trader but I did pick up a couple cheap calls yesterday.
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