BUYOUT
Let's look at everything together
- high short interest
- high borrow fee
- Benzinga hit piece, shorts capitalized, now trapped on upward momentum and buying pressure
- SEC filings released
- offering made to keep sales Agent Northland Securities
- offering announced as completed as of 9/12/22
- announced that company is looking to sell parts of company or company itself (hence
why they would retain their sales agent)
- company creates executive incentive plan which rewards executives for higher sale price,
this means motivation to get the best price.
- new change in staff and board are business professionals from a very successful SPAC - which is a company
that specializes in mergers and acquisitions
- company announces conversion of preferred stock to common from February 2022 agreement.
This is typically done in the context of liquidations, and acquisitions and mergers.
- Nonstop buyout rumors, could be Microsoft, IBM, AT&T and a number of others
- Kandy Business Solutions has huge growth projection through 2025 (72%)
- Buyout news could be announced at any time - this has lots of people buzzing about the stock.
It's my opinion that this stock was heavily shorted after that article and shorts made a lot, but
they were greedy. Short interest and borrow fee are still very high, and I think they are
trapped. If a buyout happens, it could wreck the shorts and cause a huge squeeze. Not only
that, but if retail figures it out, you will effectively have the perfect storm of
a buyout announcement + FOMO + shorts covering. It has the chance to be epic. I think a buyout is coming soon, and that this process has been on it's way for a while now, but is almost complete, short of announcement.
- high short interest
- high borrow fee
- Benzinga hit piece, shorts capitalized, now trapped on upward momentum and buying pressure
- SEC filings released
- offering made to keep sales Agent Northland Securities
- offering announced as completed as of 9/12/22
- announced that company is looking to sell parts of company or company itself (hence
why they would retain their sales agent)
- company creates executive incentive plan which rewards executives for higher sale price,
this means motivation to get the best price.
- new change in staff and board are business professionals from a very successful SPAC - which is a company
that specializes in mergers and acquisitions
- company announces conversion of preferred stock to common from February 2022 agreement.
This is typically done in the context of liquidations, and acquisitions and mergers.
- Nonstop buyout rumors, could be Microsoft, IBM, AT&T and a number of others
- Kandy Business Solutions has huge growth projection through 2025 (72%)
- Buyout news could be announced at any time - this has lots of people buzzing about the stock.
It's my opinion that this stock was heavily shorted after that article and shorts made a lot, but
they were greedy. Short interest and borrow fee are still very high, and I think they are
trapped. If a buyout happens, it could wreck the shorts and cause a huge squeeze. Not only
that, but if retail figures it out, you will effectively have the perfect storm of
a buyout announcement + FOMO + shorts covering. It has the chance to be epic. I think a buyout is coming soon, and that this process has been on it's way for a while now, but is almost complete, short of announcement.
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