REDDIT
DBGI: short interest 11% CTB 70%, possibile catalyst has happened
Yo guys
Let's start with the problems: the company is a mess and is losing money.
However, here are the positives:
Short interest is at 11%, with CTB (Cost to Borrow) hovering around 70%.
The CEO bought a boatload of shares throughout June.
On July 7th, a partnership was announced that could revolutionize the company's future for the better (expansion into universities and a government contract).
I suggest you take a look and let me know what you think; the potential seems to be there.