Author argues NEGG has a tiny ~20k free float and over 270k short shares, creating a high short-to-float ratio that could force a sharp squeeze.
NEGG — LONG The author claims insider buying has left only about 20,000 shares in NEGG's free float while at least 270,000 shares are sold short. With a short-to-float ratio of at least 10:1, he argues the shorts have a finite supply to rehypothecate and no ability to cover without driving the price up. The company's finances are not due until March and a significant turnaround is expected. He encourages a retail push and expects a violent move upward, possibly on Friday 16th.
There's no doubt we need a push a big retail push to set this off again, but at a minimum 10:1 short to float ratio, when this blows, it will blow hard.
This Reddit post, published January 10, 2026, features u/Ok-Grapefruit-9471 discussing NEGG. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Ok-Grapefruit-9471 · Tickers: NEGG