How many shares of SDC does WSB own? Short interest is 40% and Citadel is sweating 🥵
Similar to the idea that got GameStop going back earlier in the year when everyone was compiling GME’s ownership % by WSB.
Considering the size of WSB at this point and the dislike of Citadel, this is the most logical short squeeze target. The company is a fast growing disruptor guiding for 20-30% revenue growth for the next 5 years (this is exceptional by market standards), expanding internationally, growing partnerships/distribution channels and targeting profitability by 2024. The share price action since its IPO would indicate it’s going bankrupt (sound familiar? 🤔 cough GME cough). Rather it would appear that it will be a powerful company as the low cost leader of at-home dental and orthodontic care. It’s closest comp is Align which is currently valued around $50B, whereas SDC has been shorted by greedy smooth brains to $2B.
Holding 12,500 shares strong. Limit sell is set for $100.
Not a financial advisor and not financial advice 🍌 🚀
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September 14, 2021 at 06:51PM