GROM - Tiny OS Highest Short Interest = Short Squeeze Coming
GROM has one of the highest reported short interests in the market it briefly squeezed from under 2 to around 4 this week
Then the shorts used the company doing a small 3 MIL offering to attack taking GROM down nearly 40 % on news
This shook many retail but let shorts win for the day, but I don't think this is an opportunity to pick up shares before the shorts get squeezed again
GROM now is left with what still is a relative tiny Shares Outstanding under 7 MIL
GROM now has plenty of cash to execute on its business and grow revenues and a clean balance sheet paid down debt interest
GROM has accomplished management with the connections to really grow this company
Do Your Own DD
SEE LINKEDIN
Jared Wolfson - CEO with some real nice connections
JAKKS Pacific, a leading designer, manufacturer, and marketer of toys and consumer products
Skyrocket Toys, Pacific Animation Partners, The Walt Disney Company, and Zag Entertainment
Russell Hicks, Chief Content Officer and President of Top Draw Animation
prior was with Nicklelodeon playing a key role on SpongeBob SquarePants, Henry Danger, and The Loud House
Prior worked Warner Bros. as VP of marketing for Cartoon Network, and produced content for Disney
Brent Watts was the creative force behind Will.i.am’s Wizards and Robots and award-winning title designs for films such as Lemony Snicket’s A Series of Unfortunate Events, and Universal’s Land of the Lost.
I went into this thinking this just as a trade but I after doing some digging I think this stock is going to be a huge winner for years and years .After it moves 100--500% on its next Squeeze I might just tuck away some shares for the long term
stocks moving just wanted to put my thoughts down before it moves up to much again
In summation I like this STOCK
Then the shorts used the company doing a small 3 MIL offering to attack taking GROM down nearly 40 % on news
This shook many retail but let shorts win for the day, but I don't think this is an opportunity to pick up shares before the shorts get squeezed again
GROM now is left with what still is a relative tiny Shares Outstanding under 7 MIL
GROM now has plenty of cash to execute on its business and grow revenues and a clean balance sheet paid down debt interest
GROM has accomplished management with the connections to really grow this company
Do Your Own DD
SEE LINKEDIN
Jared Wolfson - CEO with some real nice connections
JAKKS Pacific, a leading designer, manufacturer, and marketer of toys and consumer products
Skyrocket Toys, Pacific Animation Partners, The Walt Disney Company, and Zag Entertainment
Russell Hicks, Chief Content Officer and President of Top Draw Animation
prior was with Nicklelodeon playing a key role on SpongeBob SquarePants, Henry Danger, and The Loud House
Prior worked Warner Bros. as VP of marketing for Cartoon Network, and produced content for Disney
Brent Watts was the creative force behind Will.i.am’s Wizards and Robots and award-winning title designs for films such as Lemony Snicket’s A Series of Unfortunate Events, and Universal’s Land of the Lost.
I went into this thinking this just as a trade but I after doing some digging I think this stock is going to be a huge winner for years and years .After it moves 100--500% on its next Squeeze I might just tuck away some shares for the long term
stocks moving just wanted to put my thoughts down before it moves up to much again
In summation I like this STOCK