RE:RE:RE:RE:House positions for Loop Insights Inc. - Oct. 9, 2020
yes sir, here's the thing about short sellers. They can only get away with it when there is a lack of long term interest in the company. It takes time to develop a firm hold by longs. As the float tightens up the stock gets too risky to short. Only Revenue numbers and big news releases will break it open. Problem is venture companies don't have quarterly reporting obligations so it's a lot of putting puzzle pieces together as far as cash position. Loop is in a very enviable cash position for a startup, as evidenced by the recent interview with Rob where he mentions some acquisition potential. People just don't know the big picture so they speculate . I find Loop quite de-risked by way of the aptitude of management and deals they continue to make. Risk is in the eye of the beholder. take care