I’m perplexed by this stock, which is down massively. I’ve done some research and opened a position, but the trend scares me.
Pro’s: EPS Beat Zero Debt Even Roaring Kitty is in on this (Own’s 6%) $485 in pure cash Reasonable Market Cap of 7.6 Billion P/E Ratio: 31 Forward P/E Ratio: 13 Forward PEG: 0.70
Con’s: Stocks down on guidance and industry-wide skepticism
Strange: 70% shorted by institutions. This I can’t wrap my head around, a profitable and growing company being treated like a dying one.
What am I missing? Position, just bought 800 shares.