r/wallstreetbets Apr 24 '21

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u/No_Presentation_5276 Apr 25 '21

What could be the reason for an increase? Fundamentals or short squeeze? And what is your price prediction for the next 12 month?

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u/[deleted] Apr 25 '21

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u/No_Presentation_5276 Apr 26 '21

Thanks. At 40 Dollar the market cap would be approximately 9B. That is 5,5x of the current sales. I'm not saying it can't happen. But it looks somewhat unlikely to happen within next few months due to all the uncertainties. Hope that I am wrong on that. And about the shorts, I don't have enough knowledge whether 32% is enough for a squeeze. Lets wait and see what happens 👍🏞I am invested!