CATALYST DOSSIER · UPDATED 2026-11-09
$USB-PS
Unclassified · convergence — · conviction —
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Why $USB-PS?
Quantitative
Last price : $16.16
ATR(14) : $0.273
Setup : Entry $16.16 → Stop $16.43 → T1 $15.89 → T2 $15.61 (1.70% R per leg YoY)
Catalysts
Dilution / supply forms : Recent SEC filings: 424B2, 424B3 — bearish supply signal
Short scanner signals : 424B2 (+4) · 424B3 (+4) · Form 4 activity cluster — 2 filings (+6)
Recency : Last bearish filing 49 minutes ago
SEC filing link : https://www.sec.gov/Archives/edgar/data/36104/000191870426034858/0001918704-26-034858-index.htm
Risks
Squeeze risk : Stop $16.43 = 1.7% gap above entry — single news catalyst can blow through stop
Hard-to-borrow tail : Bearish setups on RegSHO threshold names face borrow-rate spikes and recall risk
Bear case
Bullish surprise (short-thesis failure) : If issuer cancels offering or upsizes deal terms, dilution premise resolves favorably and shorts cover above $16.43
Sector rotation tailwind : Sector group bid in a risk-on day means even weak names rally — short timing matters
Sympathy basket (cerebro)
NTST via financials r=+0.00 score-cohort (score 32)
CIIT via tech r=+0.00 score-cohort (score 30)
QBTS via tech r=+0.00 score-cohort (score 30)
CHRS via biotech r=+0.00 score-cohort (score 29)
SKYD via comms r=+0.00 score-cohort (score 29)
FCPT via financials r=+0.00 score-cohort (score 27)
Signals Firing
No active signals this cycle.
Pick Track Record Date List Next-day max run Next-day close Hit +2%? 2026-10-29 sec_top_gappers +1.1% -0.1% — 2026-10-29 sec_top_moat_emerging +1.1% -0.1% — 2026-10-23 sec_top_gappers +1.0% -0.1% — 2026-10-23 sec_top_moat_emerging +1.0% -0.1% —
Lifetime: 0/4 wins · hit-rate 0.0% on +2% intraday
Earnings Catalyst No recent earnings event.
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Auto-generated from public filings + tier-1 wires. Catalyst Edge publishes its picks
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