Find the Next Bed Bath & Beyond Before It Becomes News
Author:
Ihor Dusaniwsky
Managing Director of Predictive Analytics, S3 Partners
Matthew Unterman
Director of Predictive Analytics, S3 Partners
It’s safe to say, Bed Bath & Beyond has grabbed headlines. As we highlighted in a recent report, the stock has officially joined the ranks of O.G. meme stocks, Tesla Inc (TSLA), GameStop Corp (GME) and AMC Entertainment Holdings (AMC).
But what investors really need is a way to find value and avoid risk by monitoring potential volatility in stocks like BBBY before it’s in the news. That’s where S3 data comes in. On August 2, 2022, the S3 Squeeze Risk score for BBBY reached 100, its maximum level. The rest is history, with BBBY rallying more than 350% over the next 2 weeks.
S3 Squeeze Score in Action: BBBY Pops After S3 Signal Hits Max Level
Weekly Snapshot – August 12, 2022 to August 19, 2022
S3 Squeeze Risk is High
Name
Identifier
S3 Squeeze Risk Score
S3 Crowded Score
S3 SI % Float
BED BATH & BEYOND
BBBY US
100
80
33.68%
HIBBETT SPORTS INC
HIBB US
100
60
15.14%
WAYFAIR INC
W US
100
80
22.13%
VERU INC
VERU US
100
72.5
21.59%
SIRIUS XM HLDGS
SIRI US
100
100
19.73%
Change in S3 Squeeze Score
Name
Ticker
12-Aug
19-Aug
Weekly Change
VERICEL CORP
VCEL US
45
95
50
WOLFSPEED INC
WOLF US
57.5
90
32.5
ENCORE WIRE CORP
WIRE US
57.5
90
32.5
HIBBETT SPORTS INC
HIBB US
75
100
25
PBF ENERGY INC
PBF US
55
77.5
22.5
Lending Opportunities – Change in Lending Fee
Name
Ticker
12-Aug
19-Aug
Weekly Change
BED BATH & BEYOND
BBBY US
3.88
18.98
15.1
NEOGEN CORP
NEOG US
3.8
5.08
1.28
SIGA TECHNOLOGIES IN
SIGA US
2.52
3.16
0.64
IROBOT CORP
IRBT US
0.34
0.6
0.26
HERON THERAPEUTICS
HRTX US
0.15
0.38
0.23
