Update shared on 09 Jan 2026
- Price (Valuation): unchanged
- Rationale: Valuation update "Investor sentiment improves as stock rises 26%" is severely misleading.
- Updated "Investor sentiment" is from major short selling ahead of Cover Corporation's Q3 report. Stock volume increased 6x (SIX) times the normal volume on 1/8/26 fueled by short trading. "Fair Value" holds at/below 1.72k post earnings report.
- Recommendation: If you're long, hold for a top or plateau. Stock is currently in "Oversold" territory, if looking to initiate a new position, wait for a pullback. While prior history do not guarantee future results, if 2026 follows 2025's price movements, there is a possibility this push has legs into February.
- Warning: Be wary of their Q3 report. Risk takers will hold hoping Q3 didn't see overspending (again). Selling before the report is a smart defensive move for long traders.
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