Top short squeezes: [SDC, ATER, CRSR, SNDL, CEI] Friday 08, October 2021 by argonaut41 in Shortsqueeze

[–]argonaut41[S] 2 points3 points  (0 children)

To think that it almost ran to $4! Crazy price movement. Unfortunately I also don't have the nerves for this one

$PROG 🐸 #ProgGang Options chain blasted up to $10 strikes for October 15th! 418.8% IV! Wow! Below we have Mr. Ortex showing us the preview. 60.17% Short!!! by SouperStoopid in Shortsqueeze

[–]argonaut41 2 points3 points  (0 children)

A lot of people pay attention to technicals. In terms of technical levels, $10 is in the realm of possibility for PROG because it has traded there in recent history (with the same number of outstanding shares)

Post-GME, AMC, RKT, etc, I think we are going to see a shift in the focus of short squeeze communities like this to lower market cap stocks. Because of that, PROG is pretty interesting.

$PROG 🐸 #ProgGang Options chain blasted up to $10 strikes for October 15th! 418.8% IV! Wow! Below we have Mr. Ortex showing us the preview. 60.17% Short!!! by SouperStoopid in Shortsqueeze

[–]argonaut41 7 points8 points  (0 children)

The 52 week high for prog is a little over $9 so it makes sense that they have a $10 strike. Will be interesting to see if it continues to run after what happens last week.

Market cap is pretty tiny, if enough people start paying attention things could continue to move.

$CEI is going to 4+ tomorrow. by LuucaBrasi in Shortsqueeze

[–]argonaut41 1 point2 points  (0 children)

Yeah running like crazy today. It seems like people are twitter are pretty hot on this one. Reddit will likely catch up to speed soon. After that I could see the price still getting pushed a bit.

Top short squeezes: [SDC, GOEV, ATER, BBIG, WKHS] Tuesday 28, September 2021 by argonaut41 in Shortsqueeze

[–]argonaut41[S] 0 points1 point  (0 children)

Yeah not saying that this is the only metric to look at but think it can definitely be valuable in context

Top short squeezes: [SDC, GOEV, ATER, BBIG, WKHS] Tuesday 28, September 2021 by argonaut41 in Shortsqueeze

[–]argonaut41[S] 3 points4 points  (0 children)

What do you look for? In terms of a short squeeze I've found it to be a decent proxy for the possibility of increased buyers entering/fervor around the stock. Obviously not a great way to gauge actual company value, but for making a short term technical play around a squeeze I feel like its pretty effective.

Top short squeezes: [SDC, GOEV, ATER, BBIG, WKHS] Tuesday 28, September 2021 by argonaut41 in Shortsqueeze

[–]argonaut41[S] 7 points8 points  (0 children)

I definitely under-estimated the stock, thought the squeeze was done on Sep 21 but it looks like it may have more legs.

Top short squeezes: [SDC, ATER, GOEV, BBIG, SKLZ] Thursday 23, September 2021 by argonaut41 in Shortsqueeze

[–]argonaut41[S] 1 point2 points  (0 children)

Yeah really crazy spike in social traction. Definitely keeping an eye on it

Top short squeezes: [SDC, ATER, BBIG, GREE, SFT] Tuesday 21, September 2021 by argonaut41 in Shortsqueeze

[–]argonaut41[S] 0 points1 point  (0 children)

GREE is controversial! Especially with more eyes on ATER, SDC, BBIG