I will continue to hold long SKUL going into their November 1 earnings announcement, but not through.
I have conducted only narrow due diligence on the name, which amounts to going “yep, they have enough cash to not go bankrupt anytime this year.”
I have no interest in owning a headphones maker.
This stock is purely for the squeeze. And that squeeze is going to intensify going into earnings, as nervous shorts realize that at current trading volumes, it could take the better part of one month to unwind the stocks entire short position.
The shorts are the ones who must respect earnings. Not I.
As for the earnings themselves; I’m not interested in them.If you enjoy the content at iBankCoin, please follow us on Twitter