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Continuing on my previous post and seeing the enthusiasm of this sub.
Corsair is gonna go ballistic in next few weeks.
The SI is down 20% from last month and shorts are sneakingly covering their positions. The borrow rate is going up and down past few days. The stock is moving 5% up and down every day and tutes are trying to keep this stock under control till they cover.
Today they announced partnership with 2K for integrating their systems with their software(https://www.globenewswire.com/news-release/2022/03/03/2396625/0/en/CORSAIR-and-2K-Partner-to-Bring-Immersive-PC-Gaming-Experience-to-Tiny-Tina-s-Wonderlands.html).
They are also in line to announce partnerships with multiple metaverse NFT gaming developers.(search corsair on twitter). Its not announced officially through CRSR but many small dev companies are touting CRSR partnership. So seems like they are working with multiple game developers(big and small) to jump into game dev and NFT space. So I can smell Money now.
You wanna know the most bullish sign ever for a stock. Look at the sell wall at $25 and tell me I'm wrong.
Positions - 138c $27.5 3/18