Possible short op..do your owO n due diligence. Lockup expiration coming on 9/28 23 mil shares coming online..8.5 mil float now..65 mil outstanding..negative earnings.
IPO shares were priced at $20 currently 24.88...short players already on this w 4mil shares short..there are plays out there that have not been discovered by the shorts and I usually tend toward those...so while not compelling, .I'de look for some short covering before the 28th, establish a support level after, then a short op or put opportunity if that support breaks ....will watch closely
IPO shares were priced at $20 currently 24.88...short players already on this w 4mil shares short..there are plays out there that have not been discovered by the shorts and I usually tend toward those...so while not compelling, .I'de look for some short covering before the 28th, establish a support level after, then a short op or put opportunity if that support breaks ....will watch closely
Comment:
whoops ..I should no better than to post late at night...correct title should be GDDY...and yes there was a small short op after posting..right away and after the subsequent covering...but then boom took off...Jack be Nimble jack be quick..nothing like my Gpro idea at their lockup exp..or baba or shak...