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.