RE: This will 100% by Monday4 Feb 2024 22:20
Slothmister, I like Superdry as a brand, I hope they do well and was shocked to see such a low SP until it popped up on my radar. After doing a bit of digging, there is value here and defiantly worth some hard earned cash IMO. Shorts will marginally boost the SP here on their buy back (not a massive squeeze) but should certainly add to the upwards trajectory should they make correct risk management to reduce. Sentiment is strong on this one and with limited shares in public hands and recent PA coverage any price in the 40's will be quickly bought up. A TO is the worst nightmare for any short position, 2nd'd by a barrage of interested traders and investors.
PS, it wasn't easy to buy on Friday in large amounts, so to buy back 780,000+ shares on free float will be no easy task as it stands.