WHo elese feel like they got bamboozled by a bot spam army to buy into the frenzy
The biggest Aug. 28 option positions are concentrated in low-delta contracts (<0.20) 🎯, meaning traders are still making highly speculative bets on a violent move ⚡️.
Then this morning, Deutsche Bank bumped its price target to $2.80 from $2.65 📈🔥.
If buyers start chasing and shorts start feeling the pressure 😬, that massive call positioning could get very interesting, very quickly 💥🚀.
🐻 Bear trap to $1.99 first, or 🔥 short squeeze toward $2.50? 🚀👀
I just bought 4k shares today. Total 5k. This thing is gonna be a p/FCF of 3 if management hits expectations of 1b ebitda 2027. Right now their bonds are dirt cheap. When they get that FCF they could buy back those bonds and it’ll improve their bond rating that plus printing FCF in 2027 should help when they enter their 2028 debt 2.5b . 17% of my portfolio is in this. I’m looking at an exit price of 12.5. Their corporate debt is about 5x rn, they’re trying to get to 1.5x corporate debt.If they can buy back their bonds at the discounted rates it could hit our price target. 🎯
the other 13.9b is vehicle debt which is kinda bogus, because they just sell the cars every year or two.of course risk involved used car prices falling or bankruptcy but I’m in for this ride.
$500 on $6 calls and $500 in $3 calls. We will be rich by Wednesday.