hungry_hippo

GOTU Reshort?

hungry_hippo Uppdaterad   
NYSE:GOTU   Gaotu Techedu Inc.
Tempted to short this garbage since it's up 8%, but gonna wait to see if it gets a gap fill to buy some Aug puts. It'll hit $10 before expiration. Too many open puts to get into it until Friday afternoon.

Usually drops when hourly gets overbought, not there yet.
Kommentera:
Anything over $13 is a short on this garbage, but might as well wait until it gets above it some more
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LOL, sharp reversal as soon as I posted. Garbage can't rally at all.
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Tanked earlier than I expected, never got the bounce from all those open puts. There's the $10 I predicted like a month ago.
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