Free Live Daily Updates: AMC Short Interest Today + More.
Community, I’m going to be updating this list of momentum stock and their short interest and utilization daily (AMC short interest, BBIG, MULN, BIOR, GME, APE, and many others).
Be sure to bookmark this page for daily AMC short interest updates and more.
Other metrics being updated daily will include the cost to borrow, shares on loan, + short squeeze scores.
If there are other heavily shorted stocks you’d like me to update daily, please leave a comment below and I’ll be sure to look into them before adding them to the list!
– Frank Nez
What has investing in the stock market taught you?
Market News Daily – Investors Are Now Fighting to Keep BBIG Listed.
Investors are now fighting to keep BBIG (Vinco Ventures) listed on Nasdaq after the ticker was suspended on July 28.
BBIG stock fell more than -61% that Friday as delisting of the security became pending according to Nasdaq’s listing center.
Complete delisting of BBIG stock will effectively erode all shareholder value, wiping out accounts as recently seen with AMC’s competitor, Cineworld/Regal.
In early July, Vinco Ventures disgracefully announced the resignation of three board members in the midst of multiple scandals, which have involved failure to file Form 10-K and 10-Q, broken company promises, and overall failure to hold its fiduciary obligations to shareholders.
Plaintiffs in the BBIG lawsuit have filed an emergency motion after the request for a Receiver was denied.
A hearing will now take place on Thursday, August 3rd where Plaintiffs will fight to keep BBIG stock listed on the Nasdaq exchange as they attempt to hold board members accountable.
A petition to support the emergency motion is now gaining momentum on social media.
“We believe that prompt intervention by the Court is necessary to protect the value of our investments and to enable Vinco Ventures to regain compliance with NASDAQ rules.
The appointment of custodians and board members will facilitate transparent and diligent management, fostering confidence among shareholders and potential investors.
We entrust the Court’s wisdom and authority to consider the urgency of the situation and act in the best interest of the company and its shareholders.
We respectfully request that this petition be presented to the Court in conjunction with the Emergency Motion to demonstrate the united support of shareholders seeking the appointment of custodians and board members,” states the petition.
Comments from The Community
Market News Daily – Investors Are Now Fighting to Keep BBIG Listed.
Shad Vick, an investor and Plaintiff in the BBIG lawsuit is urging retail investors to sign the petition in efforts to strengthen the emergency motion.
“This will show support for the motion for custodian/board members and receiver to strengthen our chance to get on NASDAQ. The court will be able to see your support.”
Nearly 1,000 investors have already signed the petition in support of the BBIG Family.
Backing up BBIG investors is Mark Basile, who was recently hired to investigate the last 4 years of corporate board actions.
Some of these actions include claims of self-dealing and self-enrichment, diversion of assets, unlawful funding transactions, and breach of numerous possible laws and violations.
“We are just getting our feet wet on this matter, but do have a lot of colorful background supplied to us by the great BBIG community.
The recent Board resignations are troubling, perhaps directly connected with the local Nevada State Court action brought by a few shareholders looking for information on board activities.
But if they think that the State court action is the end of it, well, they may have another thing coming.
I cannot comment on the substantive issues just yet, but we are looking into the entire scope of potential wrongdoing that may result in a federal lawsuit under certain Securities and/or RICO laws,” Basile commented exclusively for FrankNez.
This is a developing story. For more market news and updates, join the newsletter below. More than 10,000 readers have already joined this year.Share this article to raise awareness.
Market News Daily – BBIG Shareholders File an Emergency Motion in New Update.
BBIG shareholders have filed an emergency motion in the Vinco Ventures lawsuit according to a new update provided by Plaintiffs.
“Plaintiffs Shadwrick J Vick, Christopher L Muntz, and Daryl Wayne Genis, by and through their attorneys of record, Hutchison & Steffen, PLLC, hereby submit their EMERGENCY MOTION TO APPOINT CUSTODIANS FOR THE COMPANY OR TO COMPLY WITH NASDAQ RULES TO AVOID PERMANENT DELISTING OR ALTERNATIVELY, APPOINTMENT OF A RECEIVER,” said the motion filed.
On July 14, shareholders requested for a Receiver, an agent of the court that is appointed by the judge (usually at the request of one of the parties.)
The Receiver’s responsibility is to ensure that property is protected or the business operates without interference or influence from the lawsuit parties.
However, the request for a Receiver was denied a week later.
Now Plaintiffs have hired the services of Mark Basile, who is also working on the MMTLP motion, to investigate the last 4 years of corporate board actions.
Some of these actions include claims of self-dealing and self-enrichment, diversion of assets, unlawful funding transactions, and breach of numerous possible laws and violations.
“This investigation is not being limited to the Board of Directors, but will also include all funders, professionals and consultants that have counseled, approved, recommended or facilitated the above,” said Mark in a statement.
“We are just getting our feet wet on this matter, but do have a lot of colorful background supplied to us by the great BBIG community.
The recent Board resignations are troubling, perhaps directly connected with the local Nevada State Court action brought by a few shareholders looking for information on board activities.
But if they think that the State court action is the end of it, well, they may have another thing coming.
I cannot comment on the substantive issues just yet, but we are looking into the entire scope of potential wrongdoing that may result in a federal lawsuit under certain Securities and/or RICO laws,” Basile commented exclusively for FrankNez.
Vinco Ventures Fails Its Shareholders
Market News Daily – BBIG Shareholders File an Emergency Motion in New Update.
The emergency motion states that Vinco Ventures has failed on numerous occasions to file its From 10-K and 10-Q.
“The Company has only seven (7) days in which to comply with the violated rules and/or request a review of the delisting determination by a hearings panel.
Otherwise, the Company will be unable to voluntarily correct its delisted status and will have to re-apply for permission to be listed on NASDAQ which is a difficult and time-consuming process, and has no guaranteed outcome.”
Plaintiffs argue that the court should appoint custodians over the Company to ensure that the Company complies with its obligations and avoid permanent delisting.
“The failure by the remaining Board members to comply with NASDAQ’s requirements, including the requirement to appoint three (3) disinterested directors, constitutes a further breach of the Board’s fiduciary duties and is tantamount to irreparable harm.
The harm from the Board’s wrongful actions to both the Company and its shareholders, including the Plaintiffs, cannot be overstated.
Without the ability to be traded on NASDAQ – the second largest trading platform in the United States – the Company is relegated to a so-called “quotation market” which means that institutional investors such as Goldman Sachs, Morgan Stanley, etc., are not allowed to invest or fund the Company, and the Company cannot even become involved financially with the over-the-counter (“OTC”) markets,” states the BBIG emergency motion.
Plaintiffs also argue that Vinco Ventures is at risk of losing all of its ‘white papers’ on its technology, which in turn is detrimental to the company and its shareholders.
BBIG stock is currently down more than -94% this year-to-date and more than -96% in the past year.
“This new motion has a decent chance of success as the BOD failures pile up.
Judge is going to be PISSED the BOD and their attorneys withheld material information during the Receiver oral argument, releasing it officially the next day while sitting on it for several.
They filed the very last day they could regarding SEC disclosure requirements. That doesn’t change the fact they mislead the court because THEY HAD THIS INFORMATION at the hearing.
Dirty tricks – Now the double delisting, $120m vanished, fraudulent Preferred Shares – looks like a major financial raid and cover up.
A specific former Board Member should consider being part of the solution because right now, it’s just doesn’t look good,” said Mark on Twitter.
This is a developing story. For more market news and updates, join the newsletter below. More than 10,000 readers have already joined this year.Share this article to raise awareness.
Vinco Ventures (NASDAQ:BBIG) announced a new 1-for-20 reverse stock split on Wednesday.
The company announced that on May 4, 2023 it filed a Certificate of Change with the State of Nevada for a 1-for-20 reverse split of its issued and outstanding shares of common stock.
This reverse split was approved by its Board of Directors, and the shares of its common stock will begin trading on a split-adjusted basis at the commencement of trading tomorrow, May 11, 2023.
The common stock shares will trade on the Nasdaq Capital Market under the same symbol “BBIG”.
BBIG stock fell more than -11% during the announcement.
If the stock closes anywhere between $0.15-$0.16, shares will trade around $3-$3.20 on Thursday.
However, shares will be converted to 1 share for every 20 shares held.
For example, if a shareholder holds 100 shares of BBIG stock, starting Thursday they will now hold 5 shares.
AMC Entertainment (NYSE:AMC) is currently fighting a lawsuit against shareholders who oppose the proposals to dilute the stock, convert APE in common shares, and issue a 1-for-10 reverse stock split.
Vinco Ventures stock is down more than -65% this year-to-date.
“We wish to thank our investors for their continued support as we work to refocus Vinco’s operations.
The approval of the reverse split under the Company’s plan to maintain its Nasdaq listing, together with our ongoing refocusing efforts, better positions us to realize the great potential we see ahead,” stated James Robertson, Chief Executive Officer.
The amount of common stock outstanding will be reduced from approximately 260 million shares to approximately 13 million shares.
Proportional adjustments will be made to the number of shares of common stock issuable upon exercise of the Company’s outstanding stock options and warrants, as well as the applicable exercise price.
The Company expects that the reverse stock split, which was approved by shareholders at its shareholder meeting on April 27, 2023, will increase the market price per share of the Company’s common stock, bringing the Company into compliance with The Nasdaq Capital Market’s $1.00 minimum bid price requirement.
“No fractional shares will be issued in connection with the reverse stock split.
Any fractional shares created as a result of the reverse stock split will be rounded up to the nearest whole share for each stockholder.
The reverse stock split impacts all holders of Vinco’s common stock proportionally and will not impact any shareholders’ percentage ownership of common stock (except as to rounding up changes).”
Latest BBIG Stock News
Like most investors who face reverse stock splits from a company, most investors hope the company will organically be able to overcome the challenges in the market without resorting to a split.
Recently, BBIG investors took Vinco Ventures Board of Directors to court in efforts to stop the reverse stock split and dilution.
The BBIG community raise more than $42K to support the plaintiffs in this court case.
Shad Vick, a plaintiff in the Vinco Ventures lawsuit says his committee used $25,000 from the fund raiser for a retainer fee for Hutchison & Steffen Attorneys in the state of Nevada.
He says some money has also been used for a previously opened pro per case (self-representation) in the 8th judicial court.
“That amendment to our articles of incorporation and addition of preferred shares without shareholders vote was illegal.
We are attempting to stop the reverse split and dilution that we believe was rammed through an illegal proxy and invalid shareholders meeting.
We are not seeking any compensation on this case, only to get control of our company and investment from this corrupt board in collusion with Theodore Farnsworth,” said Shad.
For more BBIG stock news and updates, join the newsletter below.
Market News Daily – BBIG Investors Call Board of Directors to Step Down.
BBIG investors are calling for the board of directors to step down on social media.
Shareholders claim the board of directors are not qualified to serve investors.
Investors raised concerns last week when Vinco Ventures (NASDAQ:BBIG) announced on it had approved a new COO and CFO.
The company named James Robertson Chief Executive Officer and President and Chris Polimeni Chief Financial Officer and Chief Operating Officer.
The announcement follows a letter to shareholders from Vinco Ventures Executive Chairman of the Board of Director Rod Vanderbilt that outlined the multi-faceted strategic plan for driving growth and shareholder value.
In that letter, Vanderbilt urges investors to approve its new dilution proposals at the upcoming shareholder meeting taking place on April 27.
“Your Board is highly engaged, extremely qualified and is currently overseeing the effective execution of the Company’s strategy to generate significant long-term value.
The Board collectively possesses the right marketing and technology expertise, prior public board and C-suite experience and financial acumen to oversee the successful execution of the Company’s strategy to unlock value for shareholders,” said the letter.
But investors are scrutinizing the company’s comments.
Here’s what investors are saying.
Investors Shame Vinco Ventures Board of Directors’ Incompetence
BBIG investors sued company executives, including former co-CEOs Theodore Farnsworth and Lisa King in a new lawsuit.
The plaintiffs in the case are Shadwrick Vick, Christopher Muntz, and Darryl Wayne Genis.
“You were voted to serve on the BoD on Oct 14, 2021. On Oct 15 2021 the share price had a high of $9.06. Today, the share price closed at .23, for a 97.4% decrease,” said Muntz on Twitter when referring to Vanderbilt.
“There has not been one success during your tenure, while your time as Chairman has been an epic disaster full of drama and embarrassment.”
Here are just but a few of the concerns retail investors have with Vinco Ventures:
Failed to PR executive/director turnover in Oct 2021.
Market News Daily – Investors Raise Concerns of Vinco Ventures New Board.
Investors are raising concerns about Vinco Ventures (NASDAQ:BBIG) new board members after the company announced on Thursday it had approved a new COO and CFO.
The company is naming James Robertson Chief Executive Officer and President and Chris Polimeni Chief Financial Officer and Chief Operating Officer.
The announcement follows a letter to shareholders from Vinco Ventures Executive Chairman of the Board of Director Rod Vanderbilt that outlined the multi-faceted strategic plan for driving growth and shareholder value.
In that letter, Vanderbilt urges investors to approve its new dilution proposals at the upcoming shareholder meeting taking place on April 27.
But investors shared their thoughts on social media and strongly reject the proposals.
“Today marks a critical moment for Vinco Ventures as we shift our focus from the navigation of legacy roadblocks to assertive strategic growth initiatives that will further diversify our business and enhance the opportunities for new avenues of revenue growth,” said Vanderbilt.
“The Board’s unanimous approval of James and Chris underscores our commitment to moving forward and developing sound strategies and opportunities to generate new and innovative revenue streams for the Company.”
Shareholders raise concerns as the company stock continues to drop this year and new members join the board without shareholder approval.
Investors say Vinco Ventures is jumping from project to project without actually accomplishing something sound and proven.
You can read more about the executive’s background on the official press release.
BBIG stock is currently down more than -46% this year-to-date.
Market News Daily – Vinco Urges Investors to Approve New Dilution Proposals.
Vinco Ventures (NASDAQ:BBIG) is urging investors to approve dilution proposals that will increase shares and authorize a reverse stock split.
“Your approval of the proposals up for consideration at the Annual Meeting is critical to enable Vinco to successfully execute on our growth and value creation strategy.
Approving the a360 acquisition – including the purchase of the National Enquirer – is an essential first step.
Further, approving the increase in authorized shares and reverse stock split will give the Company necessary financial flexibility to operate successfully and also address potential NASDAQ-delisting concerns.
We also strongly recommend shareholders vote FOR the reelection of our five Board members, who collectively possess the right industry experience and skillsets to oversee the successful execution of the Company’s strategy to unlock value for shareholders.”
But BBIG investors are currently suing the company and its executives in a new lawsuit.
The plaintiffs in the case are Shadwrick Vick, Christopher Muntz, and Darryl Wayne Genis.
BBIG investors believe that the company is failing everyday shareholders and must be held accountable for the significant losses seen in the market.
Many investors allege fraud could be at play.
Here’s the latest BBIG stock news today.
Vinco Ventures Addresses Shareholders
Market News Daily – Vinco Urges Investors to Approve New Dilution Proposals.
Vinco Ventures published a press release addressing BBIG shareholders of its plans to move the company forward.
“With our Annual Meeting coming up on April 27, 2023, I wanted to provide some important updates and background on the business and our strategy.
I also want to explain why it is critical that you vote FOR all the Company’s proposals at the Annual Meeting to allow us to pursue the strategy we have laid out to drive growth and enhance the value of your investment.
We have a high-quality leadership team and Board in place and are excited to execute on our business strategy,” said Rod Vanderbilt, Executive Chairman of the Board of Directors of Vinco Ventures.
However, shareholders aren’t budging.
One investor on Twitter says, “$BBIG I’ve read it, NO THANKS BUDDY too late to speak up now. We’ve asked for a plan for over a year, Now you want to address us?”
The company outlines several commitments to shareholders in its latest press release.
But Vinco Ventures main goal is to receive shareholder approval to dilute BBIG stock.
The proposals would increase the number of outstanding shares and issue a reverse stock split, similar to what AMC Entertainment is going through at the moment.
Dilution will certainly help Vinco Ventures raise the capital it needs to stay afloat, but at what cost for its shareholders?
Vinco Ventures Announcements
“Importantly, the transactions we have already announced – as well as those we are actively pursuing – our strategy is acquiring companies that are EBITDA positive.
By acquiring companies such as these that fit strategically into our model, we can realize synergies and cross-sell opportunities that can boost revenue and profitability.
We will be evaluating intellectual property portfolios, such as copyrights, patents, and trademarks, to increase our content library and expand our licensing opportunities.
We look forward to announcing synergistic transactions in the near term to drive our M&A growth strategy.
We have already taken the first step, announcing in February our joint venture agreement with ICON Publishing, LLC, resulting in a newly formed subsidiary of the Company, VVIP Ventures, LLC (“VVIP”).
We also announced that VVIP had entered into an Asset Purchase Agreement with magazine publisher, a360media, LLC, to acquire the National Enquirer, National Examiner, Globe, and National Enquirer UK print and digital publishing assets.”
Vinco Ventures states that shareholder approval of the proposals up for consideration at the Annual Meeting is critical to enable Vinco to successfully execute on their growth and value creation strategy.
I’m curious to know your thoughts – share them in the comment section down below.
On July 24, 2022, the Board of Directors of Vinco Ventures, Inc. terminated Theodore Farnsworth, the former CEO of Helios and Matheson Analytics and Chairman of MoviePass, as the Company’s Co-CEO less than 72 hours after he was appointed, Lisa King as the President of ZVV Media Partners, LLC and former CEO of the Company, Erik Noble as the Company’s Chief Security Officer and any other role, and any and all arrangements between the Company and Roderick Vanderbilt, including as business development director and Chairman of the Board.
All of which are the defendants in the new lawsuit brought forth by BBIG investors.
Latest BBIG Stock News
Vinco Ventures struck a deal to acquire The National Enquirer, The Globe, The National Examiner and The National Enquirer UK.
Vinco Ventures is also betting that the U.S. government will ban China-based social media platform TikTok.
A press release from Vinco Ventures suggested that this proposed ban could take place in the near future.
Vinco Ventures’ similar social media platform, Lomotif, would “step up and fill the void created by a potential TikTok ban.”
But even if this happens, there’s no guarantee that American social media users would switch to Lomotif — though that would be incredibly ideal for shareholders.
Still, investors should tread cautiously as forces in the market may be looking for an opportunity to short the stock and get it delisted, enabling sellers to capitalize without paying taxes.
BBIG investors are doing everything in their power to save the company and take on a much larger and active role in helping the company succeed.
Only time will tell how far these efforts go to impact the trajectory of Vinco Ventures.
Market News Published Daily
Market News Today – BBIG Investors Are Suing Company Executives in New Lawsuit.
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Market News Today – BBIG Shareholders Nominate Retail Investors for Board of Directors.
On Thursday, a group of shareholders announced the nomination of three new “retail investor” candidates to the board of directors of Vinco Ventures (NASDAQ:BBIG), citing the company’s lack of transparency.
The move comes in response to concerns about Vinco Ventures’ compliance with Nasdaq rules and regulations, including the company’s failure to file quarterly reports for Q2 and late filings of Q3 of 2022, as well as its failure to hold an annual meeting in 2022, according to the community’s website.
“There’s a lot of people hurting”, says Lorne Ross, one of the three retail investor candidates in a Twitter space call.
Shares of BBIG stock have fallen more than -22% this year-to-date alone and more than -77% in the past year, hitting a record all-time low.
The three nominees are Lorne Ross, Shadwrick Vick and Christopher Muntz.
I was able to hop on a space call and hear about what they had to say.
“This is just a little phase, this doesn’t guarantee anything, but it’s an action we’re taking”, says Vick, who also hosted the meeting.
The BBIG community wants to place retail investors on the Vinco Ventures Board of Directors in efforts to improve communication between the company and its shareholders, as well as help turn the company around.
BBIG Retail Investor News Today
BBIG Stock News Today – Franknez.com.
Investors are supporting the effort to help the business go through what shareholders believe is much needed change.
Here are some comments from the BBIG Family press release:
“As a worldwide community of retail investors, we are deeply concerned about the recent Nasdaq deficiency notices received by Vinco Ventures and lack of transparency into our investment” said Shadwrick Vick, a shareholder of Vinco Ventures and a community nominee.
“It’s time to consider additional leadership that will prioritize transparency, accountability, and compliance.
Real people have put their hard-earned dollars into this company and deserve a roadmap, filings and basic communication”.
Shareholders feel the current board of directors are not serving retail investors’ best interests but rather those potentially of another party.
The retail investors plan to file their nomination materials with Vinco Ventures today, in accordance with the company’s bylaws and rules governing shareholder nominations.
“We are confident that our nominees have the skills and expertise needed to help guide Vinco Ventures through these challenging times and position the company for long-term success,” said Austin Gilmore – Nominator.
The nomination letter outlines the qualifications and experience of each nominee and highlights their commitment to creating value for all shareholders.
The election of new board members is anticipated to take place at Vinco Ventures’ upcoming annual meeting.
Vinco Ventures Shareholder Meeting 2023
A filing shows Vinco Ventures will be holding an annual shareholder meeting on April 18, 2023 at 10:00am Eastern time.
The company is asking its investors to vote for a variety set of proposals that would dilute the company stock in order to raise more cash.
One of the proposals authorizes shares of common stock from 249,000,000 to 750,000,000 and to increase preferred stock from 1,000,000 to 5,000,000.
A reverse stock split in a range of 1:2-1:20 is also being proposed in the filing — similar to what AMC Entertainment shareholders have approved and to what Mullen Automotive will undergo should they fail to meet Nasdaq’s $1 bid per share compliance.
For more retail investor news, join the newsletter below to stay up-to-date in the community.
Market News Published Daily
Market News Today – BBIG Shareholders Nominate Retail Investors for Board of Directors.
For stock market, business news and updates,join the newsletterto receive weekly market news and notifications straight to your inbox.
Franknez.com is the media site that keeps retail investors informed.
Community, it brings me great pleasure to provide you with some more high short interest data. Some of you wanted to know my personal thoughts on BBIG stock.
Right away, I can tell this is a great play and see why many of you were holding this particular stock. Lets talk about it.
Welcome to Franknez.com – you already know what’s going on, haha! I’m going to be publishing a new YouTube video every Monday and Friday so be sure to subscribe at the end of this article. I’ll be leaving the link below.
Lets get started!
Vinco Ventures, stock ticker symbol BBIG, is a company that acquires brands and grows them using their Honey Badger and Social Pulse Media platforms.
This company is fairly new to the market. Its IPO price started around $5-$6 per share back in 2018. The stock is currently trading around $6 per share.
BBIG stock has been trading double its average volume which shows a massive interest in this acquisition company. I could go over earnings reports and other fundamentals but we’re not here to talk about fundamentals.
BBIG stock is currently heavily shorted.
BBIG Stock Short Interest Data
Lets go over the latest Ortex short interest data to see just how heavily shorted this stock is. BBIG’s short interest is considered to be extremely high at 23.61%.
The amount of shares being loan is a whopping 26.91 million and the utilization is currently at 98.80!
The demand for borrowed shares to short the stock is insane! Our community has identified that stocks with these high short interest numbers means its possible to squeeze shorts from their positions.
We’ve also noticed that gamma squeezes and quick runups actually take months of buying and holding to manifest. BBIG stock was trading $1.25 back in January of this year.
If you bought the stock then, that means you you 10X’d your initial investment. 1,000 shares of BBIG stock would have earned you $10,000.
Despite the f’ery in the markets, you have to admit the stock market is an amazing tool to multiply your money.
Will BBIG Stock Keep Going Up?
BBIG stock certainly has the potential to continue surging. Retail investors will have to keep a bullish sentiment and attitude towards the stock in order to see higher gains come to fruition.
BBIG is at an all-time high right now and it’s possible retail investors begin to selloff and begin taking profits. This where short sellers can double down on their positions and further bring the stock price down.
BBIG shareholders will have to refrain from selling if they are to set new levels of resistance and support. See, the crazy thing is that shorts have not covered their positions in this stock and you can tell due to the massive short borrow fee rate and short interest.
Short sellers are paying a 146.02% to borrow the stock! If you’re already paying 24%-32% on your credit card, imagine their fees!
With proper momentum, retail investors can certainly experience a BBIG short squeeze, where short sellers are forced to close their positions driving the stock price up.
How High Can BBIG Stock Go?
I cannot make a prediction on the stock price ceiling since BBIG has recently passed its initial IPO stock price. However, what I can tell you is that the stock has much more room for growth than it’s current trading price of $6 per share.
Should You Buy BBIG Stock?
I’m going to be one hundred with you guys because your success is extremely important to me. I don’t hold BBIG stock but have it on my list to buy. If you’re looking to diversify your momentum plays, this could be a stock with lots of potential.
Of course, it’s the community that holds the sentiment behind these massively shorted stocks. And I think that as more retail investors begin to diversify, these stocks will continue to soar in the long run as long the stock is being bought and held.
If you’ve been reading FrankNez for quite some time then you know AMC is my main play, no questions asked. This article isn’t to convince you to buy BBIG stock, but to merely present to you the short interest data so you can make a financial decision for yourself.
I’m personally bullish on this stock and can see it gaining more traction as more retail investors buy into it. Something to keep in mind is that after significant gains a stock is usually quick to drop. And this is primarily due to some investors taking profit combined with short sellers doubling their positions or new short sellers getting in.
If you’re thinking about buying the stock, I would personally wait for a dip; especially after seeing these all-time highs. Because the short interest is so high and the utilization is so high, BBIG stock could prove to provide significant gains down the road as it already has for early investors.
And lastly…
I’d love to know your BBIG stock story. Are you an early investor or are you looking to get in? And, what other momentum stocks are you holding? Would you like me to publish an article on other stocks? Let me know in the comment section below.
But before you do, subscribe to the newsletter to get notified when a new blog article is published; or you can also connect with me on social media. I’ll be leaving the links below.
With that being said, thank you for taking the time for reading the blog and for being here right now. It means more than you could ever know.
