B. Riley Financial: Bearish Narrative Now Dead On 10-K Filing And Rally, I'm Buying RILYZ [Seeking Alpha]
B. Riley Financial, Inc. (RILY)
NASDAQ:AMEX Investor Relations:
ir.brileyfin.com/investor-relations
Company Research
Source: Seeking Alpha
The short position in B. Riley Financial is expected to be unwound in the coming weeks and months. The company's liquidity and upcoming catalysts, such as a potential sale of its Great American Group business, are expected to strengthen its position. The short interest in B. Riley Financial, Inc. ( NASDAQ: RILY ) was never sustainable as it was fully hinged on a single flawed point that RILY would never file its 2023 annual report on Form 10-K. The Los Angeles-based investment bank filed its 10-K before the market opened on April 24, sparking a remarkable and dramatic end to months of drama focused on a single point by bears that the company wouldn't file and would subsequently face delisting from the SEC. The bearish thesis now sits confidently in the realm of a eulogy for their positions, with the material short position in RILY set to be unwound over the coming weeks and months. I've been buying RILY's 2028 baby bonds, B. Riley Financial, Inc. CAL NT 28 ( NASDAQ: RILYZ ) since
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RILY
News
- red violet to Present at the B. Riley 24th Annual Institutional Investor Conference [Yahoo! Finance]Yahoo! Finance
- Green Bubbles about to Burst but Canadian Banking Sector Presses on with NetZero Obsession says Friends of Science Society [Yahoo! Finance]Yahoo! Finance
- B. Riley Financial to Report First Quarter 2024 Results on Wednesday May 15, 2024 [Yahoo! Finance]Yahoo! Finance
- B. Riley Financial to Report First Quarter 2024 Results on Wednesday May 15, 2024PR Newswire
- B. Riley Will Hold its Annual Commissions for Charity Day on May 16, 2024PR Newswire
RILY
Sec Filings
- 5/1/24 - Form 8-K
- 4/29/24 - Form 10-K/A
- 4/24/24 - Form 8-K
- RILY's page on the SEC website