2024-06-28 05:16:20 ET
Summary
- SGH is scheduled to release its next quarterly report on July 9 and the stock price has rallied in apparent anticipation of good news.
- Shorts seem to believe SGH will come up short like it did the last time it reported, and are upping their bets in anticipation of an encore on July 9.
- Both the bulls and the bears seem to be confident they are right, but there is an X factor that could decide who comes out on top.
- All signs suggest the stock will make a big move, which could go against the bulls, or, alternatively, against the bears.
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