🎁China meme stock GOTU surged 70% in a week! Which most shorted stocks to bet?

Meme_Tiger
2023-12-15

China’s meme stock $Gaotu Techedu Inc.(GOTU)$ surged over 70% this week as its rival $EAST BUY(01797)$ is embroiled in a scandal involving the company’s top influencer.

The influencer’s fans are turning to purchasing products in $Gaotu Techedu Inc.(GOTU)$ livestream rooms to express their dissatisfaction with $EAST BUY(01797)$ .

Most-Shorted Stocks: What’s next as most companies gain in Dec.?

  1. $B. Riley(RILY)$, diversified financial services provider, fell to $16.65 in Nov. and then recovered 11% since entering December.

  2. $Asset Entities Inc.(ASST)$, social media marketing provider, announced a stock repurchase program on 27th Nov. The shares jumped 99% on the day but lost 44% this month.

  3. $Beyond Meat, Inc.(BYND)$ , the popular target among shorters, gained 45% in Dec.

  4. $Upstart Holdings, Inc.(UPST)$ , AI-backed fintech company, rebounded 69% in Dec.

  5. $Trupanion(TRUP)$ , provider of medical insurance for cats and dogs, jumped about 30% on the earnings.

    Will you bet on $Gaotu Techedu Inc.(GOTU)$’s short-term heat?

    Is short squeeze over or not?

    Leave your comments and repost to win tiger coins!

Meme Stocks
Stocks that gain popularity through social media.
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Comments

  • Shyon
    2023-12-16
    Shyon
    No, personally I will not bet on  $Gaotu Techedu Inc.(GOTU)$ for its short term heat. The rally already priced in everything. Any change will easily send the stock back to ground. Anyway, if you are technical enough, you still may make some profit through this stock. Stay safe and trade cautiously guys. To the moon might not be easy but the risk for it to bring you into the sea is higher  [Spurting] [Spurting] [Spurting]
  • Aqa
    2023-12-16
    Aqa
    $Gaotu Techedu Inc.(GOTU)$ a China meme stock, surged over 70% this week. GOTU’s share price has dropped to USD 4.63 from its peak of over USD100 in year 2021. This Chinese education technology company offers online tutoring services for K - 12 students, along with foreign language and professional training courses for adults. GOTU’s institutional investors include the Vanguard Group Inc, Renaissance Technologies LLC, Morgan Stanley, National Bank of Canada and etc. Stock prediction for GOTU in year 2025 is currently $8.57. GOTU’s share price is currently overpriced with its short term heat. Invest carefully and do your own due diligence. Goid luck.
  • icycrystal
    2023-12-16
    icycrystal
    at the moment, staying out of China stock [What] [What] [What]
  • Shyon
    2023-12-16
    Shyon
    No, personally I will not bet on $Gaotu Techedu Inc.(GOTU)$ for its short term heat. The rally already priced in everything. Any change will easily send the stock back to ground. Anyway, if you are technical enough, you still may make some profit through this stock. Stay safe and trade cautiously guys. To the moon might not be easy but the risk for it to bring you into the sea is higher [Spurting] [Spurting] [Spurting]
  • 第N次大变革大分流
    2023-12-16
    第N次大变革大分流
    $京东(JD)$ 可以买入了，这只股估值低，现金流非常好，但是出于超卖状态
  • Alubin
    2023-12-16
    Alubin
    No personally will not bet on $Gaotu Techedu Inc.(GOTU)$ . would only invest if it is fundamentally a good stocj
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