SDC - SmileDirectClub: Don't Wait For A Short Squeeze

October, 29 2021 09:01 AM SmileDirectClub, Inc. - Ordinary Shares - Class A

SmileDirectClub has exhausted its potential to become a new target for a short squeeze (based on sentiment analysis).
From a financial point of view, nothing changes - SDC does not even give an indication that it might become profitable in the coming years.
Some multiples are small indeed, but that seems to be a result of unwarranted hopes rather than undervaluation. High competition and price pressures give us no reason to think otherwise.
The next logical bottom for SDC would be $3-2.8/share in the medium-term - that's 43.4%-47.2% below the current stock price.
With all that in mind, I do not recommend buying SDC on a sustained downtrend.

For further details see:

Company Name:	SmileDirectClub, Inc. - Ordinary Shares - Class A
Stock Symbol:	SDC
Market:	NYSE
Website:	smiledirectclub.com