×
0 0 0 0 0 0 0 0
Stockreport

Tidewater: Don't Dream Of A Short Squeeze [Seeking Alpha]

TIDEWATER (TDW)  More Company Research Source: Seeking Alpha
Last tidewater earnings: 5/14 04:30 pm Check Earnings Report
PDF Summary Tidewater (NYSE: TDW ) has recently announced that it did not seek to renew waivers of covenant default, which expired on March 27. Fellow contributor Henrik Alex has already covered the issue, and I expect that the majority of readers have already looked through his work. Judging by the comments to his article and to my previous article on Tidewater, many investors are interpreting the news as positive and even expecting a short squeeze. In this article, I will show why the news is not positive and a short squeeze is just a dream. Several factors are necessary for a short squeeze. First, the stock should be heavily shorted. This is indeed Tidewater's case - the company's shares attracted many short sellers. Second, a catalyst that puts the bearish thesis under serious question should emerge. Third, a technical setup like a breakout through some important resistance level might help as well. While the first factor is surely in play, the second (and most import [Read more]

IMPACT SNAPSHOT EVENT TIME: TDW
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
TDW alerts
from News Quantified