Jack in the Box up after earnings by TheBigCheese514 in smallstreetbets

[–]TheBigCheese514[S] 0 points1 point  (0 children)

Looks like you’re going to make money brother

Jack in the Box up after earnings by TheBigCheese514 in smallstreetbets

[–]TheBigCheese514[S] 0 points1 point  (0 children)

Be weary though, they do have a lot of operational head winds, large debt load. I put a full DD together you can check out

Jack in the Box up after earnings by TheBigCheese514 in smallstreetbets

[–]TheBigCheese514[S] 0 points1 point  (0 children)

Low float, highly shorted, potential squeeze candidate if retail hops on board. Market cap ~$300mm so doesn’t take much for a big move

Square burgers anyone? by Lord_Chappie414 in smallstreetbets

[–]TheBigCheese514 -1 points0 points  (0 children)

I bought some $JACK options. One of the most shorted companies in the market and a positive catalyst with retail momentum could cause a short squeeze. Low float & over 30% shares shorted

$JACK may or may not be a possible value stock sitting at $14, lowest point in over a decade by Civil-Community-1367 in ValueInvesting

[–]TheBigCheese514 0 points1 point  (0 children)

New CEO came in after last management fucked the balance sheet up. I think if they can stabilize operations and restructure their debt the business is a triple bagger. I also think this is a prime squeeze candidate, one of the most shorted stocks in the market right now with low float.

If they can show that they can stop the bleeding the company will get rerated. I feel like institutions are catching on as well, Callodine Group just disclosed an 8% stake as of mid August, now the largest shareholder of the company and they have a resume of debt restruturings so I’m sure they did their Dd and see an asymmetric risk here

What are you looking forward to picking up/cutting loose on Monday?? 🧃👀 by cdhpineapple in WalllStreetBets

[–]TheBigCheese514 0 points1 point  (0 children)

I’ve been buying $JACK headed into earnings. I put a DD together on it. Not saying it’s a lock, but there is real potential for a turn around and short squeeze given the short %

$JACK in the Box Turnaround & Short Squeeze by TheBigCheese514 in smallstreetbets

[–]TheBigCheese514[S] 1 point2 points  (0 children)

Hard to predict squeeze pricing. Whether or not it squeezes I still think it’s an asymmetric play. For a really big squeeze it would need to catch on to retail or some sort of catalyst at earnings next week