Author lays out a bullish swing setup in Fitell (FTEL) based on an ultra-low float after a 1-for-8 reverse split, high borrow fees pressuring shorts, a $3M buyback, and strategic moves into digital assets and AI robotics.
Unpriced research observations (excluded from Calls and Returns):
FTEL — LONG Fitell executed a 1-for-8 reverse split on Jan 8, 2026, cutting outstanding shares to roughly 1.2M Class A and creating an ultra-low float. High borrow fees and limited share availability have pressured short sellers, while the company rolled out a $3M share repurchase and strategic moves into digital assets and AI robotics, with Nasdaq bid-price compliance regained in late 2025. Low volume of 600,000 moved the stock up 15% instantly before reversing, which the author sees as a potential swing play. resolved_entity_name_mismatch
Low volume (600,000) moved it up 15% instantly today and instantly went down. Might be a good swing play