The short squeeze thesis is interesting and certainly seems to have occured between Jan 31 and Feb 14. Please explain how the daily high trade volume (6x) at the last session is confirmation of a current squeeze. We simply don't know if any of the shorts have covered their positions and we won't know for another couple of weeks. The volume may just be reflective of the market jumping in on yet another stellar ER. As I have a large position I hope the squeeze is on (and it may well be) but calling it now seems very premature to me.
Good point — I didn’t mean to *call* it a squeeze. The subheading was a nod to the bullet point that mentioned: "Some traders framed the action today as 'day‑one of a squeeze'. "
As many in the Discord pointed out, price action was fairly orderly all day, so it may be a stretch to label it that as a true "squeeze".
Cheers Jonathan. Impressive response time, not that I actually expected to get one! You underplayed just how accurate you were on revenue expectations. Nobody could have predicted the net income numbers. I'm really impressed with the whole Hims House platform and continue to be particularly impressed by your analysis and documentation of your analyses. Keep the great work coming.
We try to stay measured with the calls, but yeah - I’m thrilled we’ve been within 1% on revenue two quarters in a row. Net income was on another planet for sure.
Glad Hims House is resonating. Still just getting started. Thanks again for following along and for the kind words.
The short squeeze thesis is interesting and certainly seems to have occured between Jan 31 and Feb 14. Please explain how the daily high trade volume (6x) at the last session is confirmation of a current squeeze. We simply don't know if any of the shorts have covered their positions and we won't know for another couple of weeks. The volume may just be reflective of the market jumping in on yet another stellar ER. As I have a large position I hope the squeeze is on (and it may well be) but calling it now seems very premature to me.
Good point — I didn’t mean to *call* it a squeeze. The subheading was a nod to the bullet point that mentioned: "Some traders framed the action today as 'day‑one of a squeeze'. "
As many in the Discord pointed out, price action was fairly orderly all day, so it may be a stretch to label it that as a true "squeeze".
Appreciate the comment!
Cheers Jonathan. Impressive response time, not that I actually expected to get one! You underplayed just how accurate you were on revenue expectations. Nobody could have predicted the net income numbers. I'm really impressed with the whole Hims House platform and continue to be particularly impressed by your analysis and documentation of your analyses. Keep the great work coming.
Really appreciate that, Doc.
We try to stay measured with the calls, but yeah - I’m thrilled we’ve been within 1% on revenue two quarters in a row. Net income was on another planet for sure.
Glad Hims House is resonating. Still just getting started. Thanks again for following along and for the kind words.