Talking about Short Squeezes got me thinking about Chewy and a "Pump N' Dump". (Chewy Inc. A/CIA)
PE Ratio: 2,588.70
That's probably the most insane number I've ever seen. Even if Chewy reports the most amazing Q3 earnings on Thursday, it won't be enough to justify the price.
Reminder that it used to be $120.
Jim Cramer is really fucking with everyone. One day he tells viewers to buy Chewy, the next he calls it a dog and to stay away.
Another lesson to never trust anyone on tv. He's actually warning you.