Currently at 2.87B mkt cap, 1.6B revenue Q2 x 4 quarters equals 6.4B divided by 91M shares outstanding equals a fair value price per share of 70.32, currently 39.91% shares shorted, most shorts are in at 25 pps with 9 days to cover, we closed at 30 on Thursday and 31 today 4/5, also 30c April options are now ITM. This is about to squeeze unbelievably, it’s highly undervalued. Revenue is still increasing and will continue as COVID reopening leads to higher sports equip & clothing sales in addition to the gun sales. A reason shorts were attracted was the company had over 1B in debt at IPO, but they have paid 40% of it off now. CEO used to be with Foot Locker and doubled their stock. This is a solid company with a solid team... that’s been badly underestimated by shorts and they’re about to get burned.
