This is pandemic fad that we all know won't come back. Can it go to zero with their terrible free cash flow profile? The only upside risk I can think of is a takeover, but interested buyer can probably buy in a fire sale when the company goes under.
Edit: Thanks for the comments, everyone. This company is shit and stock price reflects that. I am afraid the short side is too crowded. It can be squeezed on a tiny bit of improvement. Just look at ENVX. The short side was a HF hotel. The stock actually did better after squeeze.
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