01May3:51 pmEST
Bitter Beer Face? More Like Hipster Beer Face
National Beverage Corp. (FIZZ), the parent company of the cultish brand LaCroix sparkling water products, has been on a tear in recent months.
FIZZ is a rather heavily-shorted stock, and shorts certainly seem to be on the run as hipster weddings revolve around LaCroix, which is exactly the type of brand strength only a hipster version of Warren Buffett could love.
Given the broad market resilience, it is certainly worth seeking out those squeeze plays as bears endue the dreaded bitter beer face of a runaway squeeze.
After its recent rally, the daily chart for FIZZ, below, suggest a fresh move back over $90 could easily ignite the next short squeeze rally.
More in my recap after the bell.
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