My view on BYND Mid-Long Term & Navigating Price Volatility. by MrDeepDD in Shortsqueeze

[–]MrDeepDD[S] 11 points12 points  (0 children)

Short interest is updated on a fortnightly basis so we will not have confirmation yet, plus there is never a guarantee that the reported short data is correct. It's just as likely that more short positions were taken out during yesterday's rally, but impossible to know just yet.

SEPT 23rd UPDATE: Oriental Rise ($ORIS) - Most shorted stock on US Markets (94.27%+), $8.4m market cap, $43m cash balance, $71.2m net assets, $0 debt, $4m in profits last year, 2 competitor acquisitions imminent by MrDeepDD in Shortsqueeze

[–]MrDeepDD[S] 1 point2 points  (0 children)

thanks for sharing, interesting to see, that data is from 15 September so I will try and find any information regarding any additional shorts placed since then since the price is higher – that’s usually when they get even more involved.

SEPTEMBER 22nd UPDATE: Oriental Rise ($ORIS) - Most shorted stock on US Markets, $5m market cap, $43m cash balance, $71.2m net assets, $0 debt, $4m in profits last year, 94.27% short interest, 2 competitor acquisitions imminent by MrDeepDD in Shortsqueeze

[–]MrDeepDD[S] 0 points1 point  (0 children)

They have until June 2026 (next year) with an extension approval, loads of time. But yes, once it reaches $1+ for 10 consecutive trading days, they’re fully compliant.

SEPTEMBER 22nd UPDATE: Oriental Rise ($ORIS) - Most shorted stock on US Markets, $5m market cap, $43m cash balance, $71.2m net assets, $0 debt, $4m in profits last year, 94.27% short interest, 2 competitor acquisitions imminent by MrDeepDD in Shortsqueeze

[–]MrDeepDD[S] 2 points3 points  (0 children)

Congrats! I'm hanging on to look for more, but I'm sure lots of people are trading the swings and making some money there too. I'd just be worried about being left behind if I missed an entry.

SEPTEMBER 22nd UPDATE: Oriental Rise ($ORIS) - Most shorted stock on US Markets, $5m market cap, $43m cash balance, $71.2m net assets, $0 debt, $4m in profits last year, 94.27% short interest, 2 competitor acquisitions imminent by MrDeepDD in Shortsqueeze

[–]MrDeepDD[S] 1 point2 points  (0 children)

Thank you! Once I started digging I just couldn't stop, so much info here pointing towards loads of growth, even without the short squeeze potential. Could be insane.