Serenity@aleabitoreddit
Monday could make history.
As one of the largest short squeezes in history could unfold.
> Institutions shorted 40% of $HIMS (extraordinarily large)
> expecting 0 revenue growth
> betting the FDA and $NVO would bankrupt the company
All in one day:
> $HIMS lawsuit with Novo Nordisk dropped.
> Hims sudden revenue acceleration begins again.
> All while $HIMS expanded to Canada, Australia, and Japan via Eucalyptus in the meantime.
> $HIMS expanded to UK and Europe with Zava
> Now suddenly a legal global distribution network, healthy balance sheet, $NVO partnership, and 40% of the float shorted.
Likely 0 people expected this.
Especially short sellers who now face billions in infinite losses, that thought HIMS would be bankrupted.
I was bearish on $HIMS too, but this is a massive turnaround story.
The two likely scenarios:
1. One scenario is a Volkswagen-type short squeeze on Monday if all the short sellers tries to cover at once Monday
It's very likely some short sellers want to exit before others do at $22 for risk-management and this causes immediate buying pressure.
2. The other scenario is growth in $HIMS reignited with the $NVO partnership and a slower $TSLA-style squeeze over time as company fundamentals improve.
Given $HIMS was once trading at $70 and now it's back at $22, with both legal clarity + revenue acceleration.
I would personally hop on the boat on Monday to add fuel to the fire to see where this heads.
Could be history in the making.
