Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance
Dear Reader,
Wall Street just coined a new term for the latest meme stock explosion: “DORK’s.”
And if you think that’s disrespectful… wait until you see what happens next.
While analysts scramble to explain why struggling companies with massive short interest keep defying gravity, smart money already identified the pattern hiding in plain sight.
DNUT. OPEN. RKT. KSS.
Four companies that should be roadkill are instead printing money for anyone bold enough to ride the chaos. The acronym writes itself: DORK’s.
The Numbers Don’t Lie
OpenDoor exploded +332% in July. Krispy Kreme popped +50%. But here’s what really tells the story:
OPEN call volumes spiked 12x normal levels – 1.76 million contracts changing hands daily. RKT calls jumped 6x. KSS calls erupted 10x their normal flow.
But Krispy Kreme? DNUT call volumes went from literally zero to over 100,000 contracts.
That’s a 33x explosion that screams one thing: the crowd found their next playground.
Even Goldman Sachs noticed, admitting in their Wednesday note that “momentum rotation in high beta names and lower quality pockets of the market” is driving these moves.
Translation: Wall Street’s fancy way of saying “the worst companies are going parabolic again.”
The Next Wave is Already Building
Using Goldman’s own criteria – high beta names in lower quality market pockets – I ran the scan for what’s next. Four companies jumped off the screen with massive short interest and all the ingredients for meme stock mania:
The Next Four Meme-Stock Candidates?
High-Beta Names in Lower-Quality Pockets of the Market
HTZ Hertz Global 44.30% Short Interest
PLCE Children’s Place 40.00% Short Interest
BYND Beyond Meat 39.20% Short Interest
NEHC New Era Helium 37.15% Short Interest
These aren’t investments. They’re lottery tickets with mathematical backing.
Struggling business models everyone “knows” are doomed
Options chains that can amplify small moves into massive explosions
Social media buzz building around contrarian plays
The DORK’s proved this formula again. The next four are already showing early signs.
The Speculative Play
If you’re going to throw speculative money at the next meme wave, these four represent your best mathematical shot at catching lightning. Small position sizes only – this is about capturing outsized moves, not building retirement accounts.
Beyond Meat particularly interesting here.
Former Wall Street darling turned meme stock candidate. The irony alone might drive retail interest.
YOUR ACTION PLAN
Most of these plays end badly. That’s not the point. The point is asymmetric risk – lose small, win huge when the crowd discovers your position before the squeeze begins.
DORK’s just proved struggling companies can defy fundamentals when options flow and short interest create the perfect storm.
The next four are already building similar conditions.
The setup is identical. The only question is timing.
Melvin Capital, a $13 billion hedge fund run by “genius” Gabe Plotkin, lost 53% in January 2021 alone shorting GameStop. The fund eventually shut down entirely in 2022 – completely wiped out by meme stock mania.
But Melvin wasn’t alone in the carnage. Point72 and Citadel had to inject $2.75 billion just to keep Plotkin afloat. Citron Research stopped publishing short reports entirely after getting crushed. Light Street Capital lost 45% of their fund value in 2021.
The beautiful irony? These “sophisticated” institutional investors – who probably mocked retail traders buying fractional shares on Robinhood – got absolutely demolished by Reddit users with $500 accounts and diamond hand emojis.
Wall Street’s smartest guys learned the hardest lesson: sometimes the crowd knows something you don’t.
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