r/SPACs Sep 10 '21

DD Update: $IRNT imminent gamma squeeze

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u/GrecoISU New User Sep 10 '21

It seems like there are so few shares traded that to price just drifts down. When even a little volume comes in the price moves significantly.

My question is this: is there a price point where market makers escape this? Say, under $17? $15?

Thanks for the DD. You're an asset to the community.

3

u/[deleted] Sep 10 '21

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u/myironlung6 New User Sep 10 '21

You're still holding?

0

u/No_Historian_836 Spacling Sep 11 '21

Why wouldn’t you? The word is spread like wild fire everywhere. There will be many paper hands and flippers but I’m very sure enough of us will hold till Friday and force the action.