8/13/24 - $nn - grim reaper short @7.6. gl longs RIP.8/13/24 :: VROCKSTAR :: NASDAQ:NN
grim reaper short @7.6. gl longs RIP.
- i've written about it in the past as a "stay away"
- co just reported a miss of 30% revenue on already laughable #s
- thing trades in the hundreds of x's on revenue (i think it's like 140x 2025 revenue). if they were beating revenue i'd probably avoid it. also if it were a 100 or 200 or 300 mm cap i'd probably just say eff it and stay away
- but i'm looking for shorts to hedge myself in the next two months. i've opened a massive short position w/ P's on this one.
- i'm willing to admit this could just squeeze. but i have to remain true to my valuation guns. the stock is worth a dollar, probably.
- gl to the longs. idk what you're doing in this and honestly i'd love for someone to explain with math. all ears. really. earnestly. i also don't want to be on the wrong side of this.
V
