Author claims NEGG has an extreme short-to-float setup with only ~20-22.7k shares outside insider holdings versus ~325k shorts outstanding, and is personally heavily long.
NEGG — LONG The author argues that after tallying SEC filings, only about 20-22.7k NEGG common shares remain outside insider holdings, while end-of-December short interest was 325k shares and likely has not fallen given continued price weakness. This implies a minimum 14:1 short-to-float ratio, so institutional and retail inventory supplying the lit market can only last so long, setting up a potential squeeze. The stated catalyst is that the last options expire on Friday. The author acknowledges doubters who cite Fintel's larger float figure and notes dire company financials, and discloses being in with about 50% of their portfolio since September.
So my point is there's at minimum a 14:1 short to float ratio.
This Reddit post, published January 13, 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