Tupperware (TUP) continues to soar higher on the heels of a short squeeze, with its value reaching new heights. As of July 15, TUP had a notable short interest of 27%. Despite the recent surges, the stock has managed to achieve a modest year-to-date increase of approximately 2.5%.Short squeezes can offer opportunities, but they come with risks that require a well-informed and prudent approach.
It’s worth remembering recent instances like the AMC and GameStop short squeeze scenarios. While these events captured significant attention and led to dramatic price spikes, they also serve as cautionary tales. In both cases, rapid gains were followed by sharp declines, leaving many investors with substantial losses. The nature of short squeezes makes them highly speculative and unpredictable, and success is far from guaranteed.
Drawing from these experiences, it’s important to approach situations like the Tupperware short squeeze with a level-headed perspective. While the allure of quick profits can be tempting, it’s essential to be aware of the potential risks and consider a well-researched and diversified investment strategy. Responsible investing involves careful consideration, thorough analysis, and understanding the broader market dynamics.
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The only reason the stock isn't way down is because of retail investors manipulating the stock price attempting to create a squeeze. This company is in bad shape. Maybe a squeeze happens. Maybe it doesn't. However, this company is a financial disaster and there only hope is to dilute stock at these inflated prices.
A little premarket green ought to get the bag holders excited. sell,sell,sell. take your losses and move on to a legitimate stock...or head to your local casino
Expect TUP to trade $7 - $8 after the earnings, the push to $10 is possible.
Glad I shorted at 4.90 and I hedged at 4.05 I got it both ways!
I get a sense that you have shorted TUP. Am I right?