$Wolfspeed Inc.(WOLF)$ We are currently bearish on the stock and have already initiated a short sell position since Tuesday intraday. Reason for shorting: •Stock is still overvalued (company is still unprofitable, and debt is still present and not completely eliminated) •Massive dilution of shareholders old stock to fund their debt, which is unscrupulous. An ideal ending would be price to force its way back down to around $10/share, driving the senior management and CEO of the company mad.
$BETTER HOME & FINANCE HOLDING(BETR)$ Stock is basically price manipulated thanks to Eric Jackson's tweet. Comparing between OPEN and BETR, OPEN is clearly a better buy given its revenue growth and movement towards eventual profitability, while BETR has yet to proven itself. We are short on this company in the short term as the dump occurs in the coming days after the initial price pump.