Bullish thesis on IPW citing tiny float, high short interest, oversold levels, net cash, and recent financing as catalysts for a short squeeze.
Unpriced research observations (excluded from Calls and Returns):
IPW — LONG The author argues IPW is a prime short squeeze candidate due to a 500k share float, nearly zero shares to borrow, and short interest above 15%. They cite extreme oversold levels, a history of big rallies from such levels, net cash of $3.84 per share, and a recent $30 million financing as catalysts. The main risk is that the squeeze may not materialize or the stock could continue to fall. resolved_entity_name_mismatch
$IPW just 500k shares float and almost zero shares to borrow... SI above 15% and is trading in extreme oversold levels. Shorts are playing with fire with this one !! It has a history of big rallies in extreme oversold levels.