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Thoughts on Buzzfeed BZFD
Posted on 5/22/24 at 10:15 am
Posted on 5/22/24 at 10:15 am
Vivek now owns a 7.7% stake and will control several Board seats. At $3 and 32M shares outstanding and fairly low float, is this worth a 1,000 share gamble? Not a lot of naked shorts though, so a squeeze is not really at play.
This post was edited on 5/22/24 at 10:18 am
1
Posted on 5/22/24 at 10:57 am to Tomatocantender
Gamble is a word I would use
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Sometimes those pay off. As long as your not using mortgage money….
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Sometimes those pay off. As long as your not using mortgage money….
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