They reiterated guidance, which leaves lots of room for an upside surprise next time around. They beat on earnings while pouring tons into R&D and marketing,... the marketing efforts have firmly established a quality footprint on the sales floors of all the big brick and mortars. Number one on Amazon across the board. Prime buyout candidate for Google as Google plows into electronic biotech..... 28% short interest on shares outstanding... give or take. Yep........Squeeze should kick off tomorrow.
I'm out. Gotta grab that bird in the hand. Hopefully, it'll pull back and I will jump back in with some more calls. As these things go the day after earnings, it should pull back in the next hour or so. Maybe not. It was pretty highly shorted.
This is all retail traders buying this thing... trying to double, triple, quadruple down and get their money back because they bought at $30 plus..... watch this bitch tank tomorrow and take all their money. Then its a good long term hold. Albeit I jumped too soon, its gonna run into the close.