Setting up for a nice upside surprise next quarter. Someone's going to make a lot of money investing in NUAN when it turns!
But the 12.5 million shorts aren't forced to cover as quickly- could be a slow burn higher as shorts throw in the towel on the way back up.
That alone should have the stock much much higher.
Waiting for Pipar to reinstate coverage....
Tons of investors waiting to cover and pull the trigger again. I mean does anyone really believe Block anymore? A SHORT SQUEEZE would be a great place to start!
And "users" are leaving. They can't create enough fake accounts (goldfish and imaginary friends) to keep the charade up much longer.
I think the CFO understated what is happening and it's actually much worse. If FB cannot continue to bring in young moldable minds for manipulation then the bubble valuation can't be sustained (much like AOL in the 90's).
The sizzle is gone as they abandon the site en masse. They are starting to feel like suckers for giving away all that personal information to Zuck and his crew. Privacy and individuality is making a comeback as they leave this dinosaur for other ways to communicate. I'm out.
But that can change very quickly. Great entry point going into the earnings call.