CATALYST DOSSIER · UPDATED 2026-11-05
$RDW
industrials · convergence -11 · conviction AVOID
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Why $RDW?
Quantitative
Net Income (CY2026Q2) : $-41.0M (+57.8% YoY)
Catalysts
Multi-spoke convergence : 7 convergent signals fired: finra_short, sc13d, xbrl_ni, audit_extras, auto_macro_adp_payrolls
Risks
Hard-to-borrow / FTD risk : Borrow rate 6.0%, distress score 30
Financial restatement : 1 restatement filing(s); investor confidence risk
Bear case
Squeeze unwind : Short interest can compress before retail catches the move — entry timing critical
Sympathy basket (cerebro)
DIOD via semis r=+0.72 sympathetic (score 11)
ARRY via semis r=+0.72 sympathetic (score 9)
VSEC via industrials r=+0.00 intra-sector (score 23)
GNK via industrials r=+0.00 intra-sector (score 14)
RAIL via industrials r=+0.00 intra-sector (score 7)
CDLR via industrials r=+0.00 intra-sector (score 5)
Signals Firing
finra_short sc13d xbrl_ni audit_extras auto_macro_adp_payrolls auto_macro_durable_goods auto_macro_fx_rates
Pick Track Record Date List Next-day max run Next-day close Hit +2%? 2026-10-13 sec_top_gappers -1.5% -5.9% — 2026-10-13 sec_top_moat_emerging -1.5% -5.9% — 2026-10-12 sec_top_gappers -0.3% -0.7% — 2026-10-12 sec_top_moat_emerging -0.3% -0.7% — 2026-10-09 sec_top_gappers +0.7% -3.8% — 2026-10-09 sec_top_moat_emerging +0.7% -3.8% — 2026-10-08 sec_clean_gappers +1.4% -1.8% — 2026-10-08 sec_top_gappers +1.4% -1.8% — 2026-10-08 sec_top_moat_emerging +1.4% -1.8% —
Lifetime: 0/9 wins · hit-rate 0.0% on +2% intraday
Sympathy Basket DIOD via semis · score 11 ARRY via semis · score 9 VSEC via industrials · score 23 GNK via industrials · score 14 RAIL via industrials · score 7 CDLR via industrials · score 5
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