Jun. 11 at 7:30 PM
$PATH This is a ticking timebomb for shorts, profitable and growing with AI not despite, 30%+ of float shorted while 30% of the mcap is cash and 500m are used for buybacks which at these levels is a commited buyer of another 45-50m shares, reducing the sellable shares further. From other recent setups like
$BE showing signs of becoming profitable in late 2024, it can take a year but it is inevitable in my opinion. Just be ready for brief short attacks and dips to 9, maybe a brief 8 even (I remember holding BE at avg 17 and seeing it drop to 8.6 intraday...), but that's where I will just add more considering the strong fundamentals.
