🐔 $WLDS (CRAPple watch stonk) - squeeze setup intact, thesis not changed, CTB unmoved. 🤑
Morning degens! Chicken feet guy, checking back in.
$WLDS thesis has not changed!
Borrow: still ~949% at IBKR, still zero available. Roughly 2.6% a day to stay short.
Reg SHO: still on the Nasdaq threshold list. FTD’s start to tumble and we’re off to the races
Float: 2,189,469 shares outstanding. On a count that small you don’t need much volume for it to gap hard!!
The court order: the Haifa interim order still blocks the $3.3M placement and any change to the capital structure. The dilution valve is shut.
it’s shut until 12 August. So be careful investing beyond then. But the squeeze play is still there.
My target is $10.
The company itself is still a dollar-store Apple Watch and that was never the point. This squeezes on fundamentals alone. Just like Chicken Feet Stonk.
GLA 🐔🦶🍎⌚️