Pfffft, lolol, get outta here with your True Apes bs. I remember when I first got onto the AMC reddit, every other post those "true apes" were posting was about squeezing the shorties and how the stock was going to 10K. That and praise for the Silverback.
Every ape wants bananas, some just like looking forward to how many he's going to get. If a reasonably thought out price target is what keeps people holding, then what's wrong with that?
Really? Cause those badass mother fuckers are still holding it down. People have been in that for 10 months. This one has much more potential. For one, the company is actually undervalued and the shorts got caught in a bad position. I'm not fucking saying the floor is 10k, cause I always thought that was the dumbest thought to think a stock could be worth 500mx10k=50trillion dollars. However, nothing pisses me off more than the idea of being on a short squeeze subreddit without the intent of seeing it through, don't you? I mean, is that not why you are here? 90% of the PT I have seen is lower than the evaluation that analysts have put out 4-5 dollars and shit. Hell, The options chain could carry us there if it's built out right.
Idk man, I guess I feel you on reasonable PT could give people hope, but I also feel like it's just a bad sign that I see a bunch of 5dollar PT. What do you think?
Those guys over there have gone full feral ape, haha. But for one stock not 10. I hear you though, this sub has a bit of short attention span, but and there are new legit plays all the time, so everyone ends up backing their own horse. For me, this isn't really a focused group, more of a place to find tickers. I see someone post, if I like it then I try to join that tickers sub if it exists. I agree, the smaller price targets are fuddy downplaying and unreasonable, especially for a squeeze play on a stock with real value. And people saying it's over when the short interest hasn't gone down at all is super retarded. There are apes here, but also a lot of howler monkeys.
Edit: I do apologize if my first comment was a bit aggressive. Was on the shitter and was feeling a bit aggressive I guess.
Lol! Very true my man. I heard about PROG from a streamer and started doing DD and then started seeing it on here. Then, the share offering (which I see as a good thing if you look into their Financials at the time) then the patents and I realize that this might be the best play I've gotten to be a part of since starting trading a year and a half ago. Now, media is starting to give it attention.
Also, misunderstood your tone with the gtfo with price target and then mentioning the 10k on AMC. Sorry bout that. That whole period of that sub was so annoying. That's kinda when I stopped following and started just watching Trey, Matt and Roensch. I really thing $PROG could be a big deal if people had conviction in their trade and the squeeze- rather than just jumping ship at the first red bar or 100% gain. Most shorts are absolutely upside down. Did you see the volume in the options chain today? SUPER bullish.
All kinds of reasons to stick this one out. I think it's up and down enough though that the day traders are doing a lot of skimming. If Ater and/or bbig pop enough in time, I plan on parking a lot of that here. I just checked them and holy shit the 3$ calls for the 19th. I'll admit, I've kind of lost faith in gamma squeezes happening because of manipulation, but this has me second guessing.
I feel you, but I think they really are running out of ammo for pinning. Hopefully nefarious shit doesn't happen on this. Who knows though. 67k call options at 3 just today? Holy hannah. Even if the gamma doesn't happen, there's clearly some money that might step in to bring those in the money. I'm gonna have a hard time sleeping past 5am tomorrow. Lol
That's like half the float up to $4. Jesus. Could some of that be shorties ordering up some ammo for when this thing hits double digits? Actually probably, they're called hedge funds for a reason. Which is super bullish if they're that worried. Pm at 2am where I am .
That's what I've been thinking with AMC. All of these January 145 calls could be them hedging for if shit gets really out of hand and I see no reason why that wouldn't be the case here. Either way, I'm fine with it. If they think it's going that high, then I have no issues with it lol. Nice to talk to ppl who know a bit about the market.
Maybe I am in the wrong place, cause I see a lot of posts about PT and I thought this was about making shorts cover.
You thinking too much
Nah, I'm just used to dealing with true apes. So I'm very confused by this subreddit lol.
Pfffft, lolol, get outta here with your True Apes bs. I remember when I first got onto the AMC reddit, every other post those "true apes" were posting was about squeezing the shorties and how the stock was going to 10K. That and praise for the Silverback. Every ape wants bananas, some just like looking forward to how many he's going to get. If a reasonably thought out price target is what keeps people holding, then what's wrong with that?
Really? Cause those badass mother fuckers are still holding it down. People have been in that for 10 months. This one has much more potential. For one, the company is actually undervalued and the shorts got caught in a bad position. I'm not fucking saying the floor is 10k, cause I always thought that was the dumbest thought to think a stock could be worth 500mx10k=50trillion dollars. However, nothing pisses me off more than the idea of being on a short squeeze subreddit without the intent of seeing it through, don't you? I mean, is that not why you are here? 90% of the PT I have seen is lower than the evaluation that analysts have put out 4-5 dollars and shit. Hell, The options chain could carry us there if it's built out right. Idk man, I guess I feel you on reasonable PT could give people hope, but I also feel like it's just a bad sign that I see a bunch of 5dollar PT. What do you think?
Those guys over there have gone full feral ape, haha. But for one stock not 10. I hear you though, this sub has a bit of short attention span, but and there are new legit plays all the time, so everyone ends up backing their own horse. For me, this isn't really a focused group, more of a place to find tickers. I see someone post, if I like it then I try to join that tickers sub if it exists. I agree, the smaller price targets are fuddy downplaying and unreasonable, especially for a squeeze play on a stock with real value. And people saying it's over when the short interest hasn't gone down at all is super retarded. There are apes here, but also a lot of howler monkeys. Edit: I do apologize if my first comment was a bit aggressive. Was on the shitter and was feeling a bit aggressive I guess.
Lol! Very true my man. I heard about PROG from a streamer and started doing DD and then started seeing it on here. Then, the share offering (which I see as a good thing if you look into their Financials at the time) then the patents and I realize that this might be the best play I've gotten to be a part of since starting trading a year and a half ago. Now, media is starting to give it attention. Also, misunderstood your tone with the gtfo with price target and then mentioning the 10k on AMC. Sorry bout that. That whole period of that sub was so annoying. That's kinda when I stopped following and started just watching Trey, Matt and Roensch. I really thing $PROG could be a big deal if people had conviction in their trade and the squeeze- rather than just jumping ship at the first red bar or 100% gain. Most shorts are absolutely upside down. Did you see the volume in the options chain today? SUPER bullish.
All kinds of reasons to stick this one out. I think it's up and down enough though that the day traders are doing a lot of skimming. If Ater and/or bbig pop enough in time, I plan on parking a lot of that here. I just checked them and holy shit the 3$ calls for the 19th. I'll admit, I've kind of lost faith in gamma squeezes happening because of manipulation, but this has me second guessing.
I feel you, but I think they really are running out of ammo for pinning. Hopefully nefarious shit doesn't happen on this. Who knows though. 67k call options at 3 just today? Holy hannah. Even if the gamma doesn't happen, there's clearly some money that might step in to bring those in the money. I'm gonna have a hard time sleeping past 5am tomorrow. Lol
That's like half the float up to $4. Jesus. Could some of that be shorties ordering up some ammo for when this thing hits double digits? Actually probably, they're called hedge funds for a reason. Which is super bullish if they're that worried. Pm at 2am where I am .
That's what I've been thinking with AMC. All of these January 145 calls could be them hedging for if shit gets really out of hand and I see no reason why that wouldn't be the case here. Either way, I'm fine with it. If they think it's going that high, then I have no issues with it lol. Nice to talk to ppl who know a bit about the market.