> Annoyingly the shorts have placed their bets correctly ... betting that announcements have not been good
I think this comment completely misunderstands the Gamestop phenomenon: which is to identify stocks which have been excessively shorted, ... one might say overly shorted ... creating a weakness which the market exploits and profits from. It is not primarily about the fundamentals of the underlying stock --- which in my view are full of potential in the case of MSB --- it is simply about exploiting the weakness that the shorters have created, and profiting from that weakness. For me, that provides 3 bases for buying MSB: (1) the fundamentals which I like, (2) the volatility which I like (especially from a historically low base), and (3) the further possibility to profit from the excessively shorted position. That's 3 chances to win.
MSB Price at posting:
$2.39 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)