I find it interesting the short interest has been increasing quite a bit recently and is now at 6.5% of the free float. 6.5% is definitely starting to get up there.
It seems the share price has withstood the shorting pressure pretty well.
With the share price close to all time highs I am sure some of the shorters must be feeling some pressure (hence some of the posts above).
As long as Scott doesn't blow up the balance sheet and the acquisitions are integrated properly, it is likely GEM has quite a bit further to run. Eventually the rollup growth will slow/stop, but probably not for a while longer.
The death kneel will be a big debt funded offshore acquisition, but lets hope Scott has learnt from ABC and when the rollup growth gets mature he slows down - fortunately we probably have a couple of years before we find out.
We shall see.
GEM Price at posting:
$5.06 Sentiment: Buy Disclosure: Held
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