Petco Health and Wellness Company stock ($WOOF+17.86%) is breaking out on high volume.
The company did not issue any new updates today, but a positive note from Oppenheimer could be helping to boost sentiment.
Oppenheimer says the Petco management team was probably the most forceful in its conviction of the retailers that presented at its recent consumer conference on “comping the comp.”
The comping the comp argument hinges on the tough time some retailers are expected to have in matching last year’s Q2 marks due to pandemic restrictions easing.
Petco’s gain today also coincides with a high level of short interest outstanding on the retailer and more chatter on Reddit.
It looks like WSB might be pumping the stock. It was mentioned 20000% today on the site. Nothing but a P&D? What are your thoughts?
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Is there anyway to get forward looking data on this? Lol, like anticipatory data?
Join a pump and dump or a hedge fund. Whichever you think will come out on top.
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Pump and Dumps are decentralized hedge funds
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based and redpilled
as for data you might wanna try quiverquant. it’s good for indexing internet sentiment on stocks. +++ gives you access to insider trade info and senator trade info etc pretty nifty
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Yeah, that’s true but it’s like after the fact data…do they have a subscription for data in real time?
Or predictive capabilities?
Just checked out Quiver Quant. Lowkey a goldmine. Thanks for that.
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Man the alternative data revolution is around.
I can imagine boutique hedge funds are gonna be all about leveraging these alt datasets…