u/PsychologicalPay2845 ·
Reddit β r/smallstreetbets
· May 02, 2026 at 08:12
· ⬆ 16 pts
· 💬 3 comments
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Avis ($CAR) was just the warm-up. Weβve got two massive setups brewing for the **May 6th** catalyst. Both are primed for a gamma-fueled meltdown of the bears.
π₯ **#1 GRPN (Groupon) β The Powder Keg**
β’ **Short Float:** **>50%** (GME levels of insanity)
β’ **Days to Cover:** **11.3** (The exit door is tiny)
β’ **The Spark:** **Earnings on May 6th.**
β’ **The Setup:** Over half the float is shorted. If earnings don't suck, the shorts will be forced to cover for two straight weeks. It's a literal death trap for bears. π
π **#2 ASAN (Asana) β The Float-Killer**
β’ **Short Float:** **\~35%**
β’ **The Secret Weapon:** CEO Dustin Moskovitz is vacuuming up shares, leaving almost zero liquidity for shorts to buy back.
β’ **The Spark:** **Earnings in May.**
β’ **The Setup:** Record revenue + massive insider buying. Itβs a structural squeeze waiting for a volume spike to go parabolic. π