VFC at levels not seen since the 80s
VF Corporation (VFC), currently has an unusually low price relative to the S&P 500 index. This ratio, sitting at just over 0.003 (0.03 in 2015), is reminiscent of levels seen in the 1980s. Naturally, this raises the question: could VFC be poised for a significant rebound of 10x or more relative to the broader market?
Note
MARKET CAUTIONPlease be aware that BFC has experienced a significant increase in short interest following its latest earnings call, reaching 13% of the float. The price has rebounded 45% since premarket, but caution is advised.
Two potential scenarios exist for this stock:
Price Increase: Continued upward movement could trigger a short squeeze, potentially leading to a rapid price surge.
Price Decrease: If the price fails to rise further, the high short interest could result in substantial selling pressure and a sharp decline.
In either scenario, significant price fluctuations are likely. Exercise caution and carefully assess the risks before making any investment decisions.
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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.
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.