GigaCloud Stock: The Shorts Have This One Wrong

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Kumquat Research
12.3K Followers
(8min)

Summary

  • GigaCloud has demonstrated impressive growth.
  • Short interest is rising despite these strong results.
  • Despite risks, I think GCT offers upside.

China, Hong Kong Harbor, tugboat sailing alongside container ship

Kevin Phillips/DigitalVision via Getty Images

GigaCloud Technology (NASDAQ:GCT) has taken investors for a wild ride over the last 12 months, with shares going from as low as $8 to as high as $45 to now trading around $27 with a bunch of

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Kumquat Research profile picture
12.3K Followers
To follow me click the "Follow" button! (Easy right?) Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off for going on ten years now, beginning with my inaugural published piece during my first year of college. I have a double degree in finance and computer science, have passed all three levels of the CFA exam, and currently work in fintech as a data engineer. Finding the time to write becomes more difficult by the day, but whenever I do I'm reminded why I became interested in the first place: the Seeking Alpha community is unparalleled in its diversity of opinion and its sophisticated, insightful userbase. In that vein, I encourage you to comment your thoughts on my articles or message me directly for anything at all. I truly enjoy reading each and every one! Articles written and comments posted by Kumquat Research are NOT financial or investment advice, and only express his opinion. Do your own due diligence!Jeremy

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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