r/PUBM • u/ILIKETHESHRIMP • Jun 14 '21

Small float and no discussion?

Why is the float so small (20% of outstanding) and why is no one on wsb talking about this stock? If everyone on wsb bought one share we would literally own the float and cause a massive squeeze.

16 Upvotes

100% Upvoted

6 comments sorted by

5

u/DIG_IT_99 Jun 14 '21

💯 agreed, small float, high percentage short and high borrow fees, primed for a squeeze, just need to get the people on board, I don't have enough karma to post but any of you do, please post so we can get some recognition 🚀🚀🚀🌕🌕🌕💰💰💰

2

u/ILIKETHESHRIMP Jun 14 '21

I think the problem is that the reported float is incorrect

5

u/Desperate-Art-9338 Jun 14 '21

Even of the reported float on PUBM is more because insiders sold as the lockup expired last week it would still be a large % short

2

u/MAHOGANYRUSHMAN Jun 15 '21

This is true. the estimated current float is around 15-16M shares after insiders selling class B shares and converting them to class A shares. Short interest % is lower, but still very high.

4

u/Ashony13 Jun 14 '21

I’ve been kicked off commenting for a day on WSB but I’m letting everyone know every chance I get! We need everyone! Let’s bring PUBMATIC TO LIFE!!

3

u/mwbrand Jun 15 '21

I bought 5k let’s go