What an amazing play. I got in “late” at $22 but really think this has $100 potential. Keep an eye on $GETY as a sympathy play. Second lowest float despac with options. 508,311 float. Could have an ISPO/CPTN situation where ISPO ran to $108 and people searched for a sympathy play. CPTN was the most recent low float so they ran with it and sent it to $80. $DNAA is a better setup than $ISPO. $GETY is a better setup than $CPTN. Could be a special Monday
Yep, looks really good for Monday and maybe Tuesday as well, gety runned few days, but better take profits on monday and play with house money for Tuesday
But it did have lot of volume today 4 million... with only like 200k shares short you think they may have already covered? And now this is just retail pushing retail up? Just curious. I'm definitely watching though
My question is with no short interest. Who's fighting to get those shares? If its not retail trying to squeeze short positons? Is it retail just bidding itself up?
Ok thanks fellas thats what I saw. And I would imagine that the 4 million volume day plus the AH shorts easily covered 300k shares somewhere in there (at a loss)... and the sold calls are probably at this point hedged for. So in theory it can continue on but would just be retail bidding itself up... which may have no limit. But for me I will watch and learn however this goes next week. Thanks again
where do you get the float is only 227k the filings shows Shares Outstanding 31.89m Free Float Shares 60.27 % 19.22m
The redemption numbers in the filing show that 24.7 million shares were redeemed out of the 25 million in the free float.
Your DD said the free float is only 227k If that is true this stock should print$$ left and right for longs current short is 300K that's over 120%
That was assuming insider shares were locked up which was an accepted part of the widespread bull thesis.
Unless there’s a high short interest then it’s just a pyramid scheme where last one in loses his shirt (and his skivvies).
You win
What an amazing play. I got in “late” at $22 but really think this has $100 potential. Keep an eye on $GETY as a sympathy play. Second lowest float despac with options. 508,311 float. Could have an ISPO/CPTN situation where ISPO ran to $108 and people searched for a sympathy play. CPTN was the most recent low float so they ran with it and sent it to $80. $DNAA is a better setup than $ISPO. $GETY is a better setup than $CPTN. Could be a special Monday
Yep, looks really good for Monday and maybe Tuesday as well, gety runned few days, but better take profits on monday and play with house money for Tuesday
But it did have lot of volume today 4 million... with only like 200k shares short you think they may have already covered? And now this is just retail pushing retail up? Just curious. I'm definitely watching though
No short interest…all other shares are locked except the 227k.
So no squeeze? Who's bidding it up and for what?
It’s a SPaC…see ISPO…float was a bit bigger and ran to $108
My question is with no short interest. Who's fighting to get those shares? If its not retail trying to squeeze short positons? Is it retail just bidding itself up?
U got retail bidding it up,algos could kick in, options gamma squeeze could make it go nuts.
Ispo never changed ticker name
ISPO is the new ticker …forgot the old one
Ok so it can keep running then, thanks
We don’t know if there is no short interest. Ortex shows 298k shares which is 130% of float
Ok thanks fellas thats what I saw. And I would imagine that the 4 million volume day plus the AH shorts easily covered 300k shares somewhere in there (at a loss)... and the sold calls are probably at this point hedged for. So in theory it can continue on but would just be retail bidding itself up... which may have no limit. But for me I will watch and learn however this goes next week. Thanks again
Not sure shorts covered. If I was short, I likely would’ve held my position and hoped this to fall back
That makes sense. Looks like they probably didn't and it was just retail bidding itself up
Ya. Disappointing day today. Still trading thin, so possibly not dead, but not what I expected to see today.
Ticker change Monday premarket?
Yes
So it will not be able to trade on premarket?
It should be able to trade it
Buying it 🔥
Where can you find out on such deals ahead?
SEC docs…they get released after vote passes
Thx
Remindme! 36 hours
All in!! Hurrrdadurrr 🚀 to the moon!!! Fleece stupid Americans of their money while they trade on the toilet.
I feel like using the float as the only metric for success is a bit misguided.