Tremblant Capital initiates new 491.225 share position in SODA
with this enormous short float out there (54%) every hedge fund that gets on board pushes the panic button a little further. Shorts are just plain wrong here and SODA is SIGNIFICANTLY undervalued to their long term growth prospects and current growth rates.
This is a $3-5 billion dollar market cap company in 5 years. They will grow to north of $1bl in revenue the next 2 years. They will continue to add products and services with recurring revenue along the way and it is only a matter of time before the market catches up on the true valuation here. Sorry shorts, your time is running out.