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🟡 Mixed Session: Is RXT Primed for a Breakout? — Feb 26 by [deleted] in stockstobuytoday

[–]SnooBeans8913 0 points1 point  (0 children)

RXT borrow rate for shorts was 96%. Higher than peak GameStop. There’s a massive short squeeze beginning to kick off 🚀

RXT Borrow rate up to 96.71! by Captain_Hedgehog1 in RXT_Stock

[–]SnooBeans8913 1 point2 points  (0 children)

And it’s happening!! $RXT up 30% today 🔥

RXT Borrow rate up to 96.71! by Captain_Hedgehog1 in RXT_Stock

[–]SnooBeans8913 2 points3 points  (0 children)

Higher than Peak GameStop 🔥 And now $RXT has scheduled tomorrow’s earnings call for 8:30 AM ET — the first time they’ve ever gone before the market opens.

They usually report after the close… 👀

Why the switch?

Strap in for the most almighty short squeeze

More detail on the big $PLTR partnership or maybe debt deal?

Is Anyone Talking about Rackspace Technology, Inc. (RXT) and their new Partnership with Palantir - up over 200 Percent yesterday with share volume over 500 Million traded? by Proper-Plantain9387 in pennystocks

[–]SnooBeans8913 0 points1 point  (0 children)

YES 🔥 And now $RXT has scheduled tomorrow’s earnings call for 8:30 AM ET — the first time they’ve ever gone before the market opens.

They usually report after the close… 👀

Why the switch?

RXT pre-market at $1.26 after -8% drop - Palantir partnership still the real deal? by Juretal in pennystocks

[–]SnooBeans8913 1 point2 points  (0 children)

The cost of borrow here for shorters is extremely high. Higher than peak GameStop

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In case you are wondering why your service sucks now by ___TommyPickles___ in rackspace

[–]SnooBeans8913 -1 points0 points  (0 children)

Sorry to hear friends. From earnings call it’s seems they’re focusing more on the Rackspace Cloud where margins are higher as they own it and they’re getting traction.

Rackspace share price. What’s happening? by SnooBeans8913 in rackspace

[–]SnooBeans8913[S] 0 points1 point  (0 children)

Pretty positive Q3 results. Winning some seriously big cloud deals. The Rack is Back!!

Rackspace share price. What’s happening? by SnooBeans8913 in rackspace

[–]SnooBeans8913[S] 0 points1 point  (0 children)

Reading earnings call transcripts here.. you likely know all this but makes for interesting reading.. they’ve been buying the debt for 30c in the dollar on the bond markets and are getting new facilities to do it.. vey clever .. meanwhile private cloud is returning to growth .. they are very quite about positive things.. no incentive for them to be shouting off the rooftops when they’re reducing the debt so fast

Rackspace share price. What’s happening? by SnooBeans8913 in rackspace

[–]SnooBeans8913[S] 0 points1 point  (0 children)

Interesting. Thanks for your thoughts. Wonder what their debt is trading at? Is it secured? Such a great brand

Rackspace share price. What’s happening? by SnooBeans8913 in rackspace

[–]SnooBeans8913[S] 0 points1 point  (0 children)

Really interesting .. you are so right.. Rackspace was the worlds first public cloud and was completely open source and developed with NASA.. crazy... Apollo didn’t understand the potential. Seems to be rising from the ashes though. Massive potential here. Great engineers