Short NU

٥ يونيو ٢٠٢٢

Lockup period expires 6/7/22. Shares down 50% since IPO. With neutral sentiment, I think we should expect to see some portion the locked up 289,150,555 shares being dumped. Not looking at huge gap down, average trading volume ~50mil, but I believe with recession scares and NU not being able to report positive net income on their last couple of quarterly reports, investors will shy towards something more resilient