Short play: USM $41.64 U.S. Cellular. It's a low daily volume stock however. They can be dangerous to short.
Do I wish i had bought it at $1.14 <------- This makes buying now at $7 very hard. Syros Pharmaceuticals, Inc. (SYRS) NasdaqGS - NasdaqGS Real Time Price. 7.81+0.61(+8.47%) As of 02:32PM EST.
This is a good idea if you have some fundi reason. Chart has zero support. $37 or $26 is a very real possibility.
Nice shout-out. It's up nearly $4 today. A "golden cross" on Wednesday. Volume confirmation too... but that has to continue for a few more sessions.
I do a lot of work on these things. I have certain criterion I scan for. I won't personally short this one however, that's why I threw in that cautionary note. 90K shares traded today, jump in with a decent sized short position and a market maker will pop that thing $2 10 minutes later. The option spreads are prohibitive so buying puts is out too. It'll drop, but you just never know when. I won't tie up buying power to wait. But your HF boys have the $'s to do that. That's why I shared.
re: USM If you have an angle go for it. The chart shows that it is vulnerable why did it go up so much July 1.
Something fishy here with USM Van. U.S. Cellular reaffirms FY23 revenue view $3.025B-$3.075B consensus $3.93B » 11/03 USM That's a huge miss right? That was Nov 3rd. Stock was $45! So this thing gaps up Aug 3rd from $17 goes to $45 and then pre announced bad news stk does not go down.... Either buy out or this thing is going to collapse!