Jun. 2 at 8:15 PM
$PATH Not sure, I think they piled onto PATH with the notion of "AI killing software" and now it is not playing out for this particular company - the opposite. This reminds me when I entered
$BE in 2024 and it had almost 27% of the float shorted with the notion that it is a unprofitable fuellcell fluke. But early deals with Coreweave and increasing demand, increasing margins and their solution's advantaged showed it will go the other way and then with the AEP deal in Nov2024, the stock almost dohbled but shorts were very sticky, it took to after Oracle deal the following June (2025) for them to cover which took the share up into three digits. The reality of Path's improving financials will eventually squeeze them out, but we never know exactly when that parabolic phase starts and it is always a volatile one.
Bullish
