Jan. 30 at 11:07 AM
$OM 64% of short yesterday. But the shorts couldn’t keep it down for long. It struggled a day earlier in getting south of
$5, then succeeded a bit yesterday, but the late day rally still kept it north of
$5. The shares available to short dipped yesterday to low levels of 300K, with a slight uptick this morning. In other news 😀, the statement of a “backlog” now makes sense given the next generation of Tablo, they probably informed their customers of the impending approval by the FDA, hence the backlog. Interestingly, this increase of production of the new Tablo will probably take care of the under utilization of overhead. With that, I expect the Gross Margin to be well into the 40s in 2026 (hopefully crossing the 50% mark in H2 2026).
