GNC - GNC: Short Squeeze Coming
Investment thesis
GNC (GNC) will release its Q3 earnings report on Nov, 9th 2018. The date was pushed further by nine days to accommodate the update concerning Hayao investment in GNC. In the past week, the tug of war between bears and bulls has been increasingly hot-blooded. The share price has been swinging wildly without much other news. Meanwhile, GNC's short ratio remains high as only 3.5M shares were covered. We believe a positive Q3 SSS growth and the completion of the Hayao investment will bring about the biggest short squeeze in