$RILY - B Riley Financial - $17k Calls YOLO

- The poster has a large options position on a stock they believe is undervalued - The stock is heavily shorted (SI is 76%), accused of fraud and delayed on its 10K filing - Despite the risks, the poster believes the stock could reach $50-70, currently priced at $21 - Positive catalysts in the past weeks, including an extension for audited financials submission by April 29th - With high short interest (76%), a squeeze could happen if financials are clean - Company could potentially spike up in value if financials are audited and clean, but there is also a risk of going to zero due to fraud allegations - Poster is taking a risk but believes in potential upside Overall, high risk investment with potential for high reward, but caution advised.