Jul. 4 at 8:35 PM
$STUB Funny how bears ignore the chart when it doesn't fit their narrative. We've been carving out an inverse head-and-shoulders, one of the strongest bullish reversal patterns when the neckline breaks with volume.
A few things most people aren't paying attention to:
• The float is relatively tight, which can amplify momentum.
• Institutional ownership is much higher than most people realize.
• StubHub continues to generate solid cash flow despite all the bearish noise.
• If live event demand remains strong, operating leverage could surprise to the upside.
• One of the biggest overhangs—the IPO lock-up expiration—is already behind the company.
Throwing around the word "fraud" without evidence isn't due diligence—it's just fear posting. I'll trust the chart, the fundamentals, and let the price action do the talking.
