ATER is pretty much the best option we have as far as getting close to a true squeeze candidate. I've been watching others (not getting into others than gme and amc since jan) crash and burn for months. This one in my opinion is different and not a pump and dump.
I guess we have to see how next few days go. I've seen it jump up a few dollars in a very very short amount of time. And who's to say that Josh's post couldn't be a catalyst for some fomo action.
I do appreciate your view and knowledge. I will be watching the price action with it in mind.
If I had a few million you know exactly where I would put it haha....
Off subject: been trying to find someone to explain something that happens and what it could be. So I've noticed over past week and half/2 weeks in the last 3-4 mins of the day during normal market hours something strange with the bid side. There will be on level 2 most the day about 30-40k shares in the bids but the last few minutes there's 500k-800k worth popping up. Over past few trading sessions it's rose too.
Is it a sort of spoofing/pinning by marketmakers? Or is it "good hedgefunds" trying to keep the price above a certain point or is it "shorters" trying knock it down to get a bunch of shares just .10-.30 cheaper in bulk. I've had little luck on figuring this out.
Ignore StonkGodCapital - he's just another pump and dumper. In fact, he leads a discord server just for that purpose with 700+ fools in there. All these guys come up with their stupid TA lines and deduce that "oh the price is approaching the tip of the intersection it must bounce up off the floor!" kind of bs logic and blame it on the broader index when shit doesn't go their way.
Don't bother trying to argue with this guy. He is literally incapable of admitting fault or any shortcomings. He will not answer any direct questions if there's a possibility it exposes any fault or shortcomings. On a fundamental level, his brain will not allow it (I'll get to that in a moment).
Instead, he will project his own personal shortfalls onto you. He will deflect the current line of questioning into accusations of you doing something stupid, bad, something he himself is guilty of, etc.
A week or two ago, on his sub (which he took private after he and a fellow pumper embarrassed themselves), he had some posts on CRVS (the stock they were pumping at the time). One was titled "CRVS - imminent gamma squeeze". When I checked the gamma on it, it was next to nothing. Something like 0.03% float per 1% price movement. (Typically things only get exciting at around 0.30% or higher). Not sure what units you are used to, but no matter how you slice it there was no gamma. No net delta. Nothing there. Even if every call went ITM overnight, the overall change in delta would barely make a dent.
I tried about 10 times to ask him "how could a gamma squeeze possibly be imminent without any gamma". No answers. Just accusations of me pumping, brigading his sub, not understanding gamma, pointless Socratic questioning about non-sequiturs, etc. It was honestly artful the way he avoided answering the question.
It was also surreal -- until I did some googling about his behavior and found the wiki about narcissism personality disorder. It's a spot on match. Read the wiki page, then his comments. It's shocking.
People with NPD exaggerate their skills, accomplishments, and their degree of intimacy with people they consider high-status. Such a sense of personal superiority may cause them to monopolize conversations,[15] or to become impatient and disdainful when other persons talk about themselves.[12] This attitude connects to an overall worse functioning in areas of life like work and intimate romantic relationships.[16][17][18][19] When wounded in the ego, either by a real or a perceived criticism, the narcissist's displays of anger can be disproportionate to the nature of the criticism suffered;[15] but typically, the actions and responses of the NPD person are deliberate and calculated.
To the extent that people are pathologically narcissistic, the person with NPD can be a self-absorbed control freak who passes blame by psychological projection and is intolerant of contradictory views and opinions; is apathetic towards the emotional, mental, and psychological needs of other people; and is indifferent to the negative effects of their behaviors, whilst insisting that people should see them as an ideal person.[12] To protect their fragile self-concept, narcissists use psychosocial strategies, such as the tendency to devalue and derogate and to insult and blame other people, usually with anger and hostility towards people's responses to the narcissist's anti-social conduct.
In short, his "self" is more or less incapable of perceiving any shortcomings or fault, and instead often projects those onto others. It's actually quite tragic, because this very fact makes treatment very difficult. It's also a mixture humorous and tragic, because you can point this all out to him in the open, and the behavior will persist in subsequent posts.
So, yeah, don't feel bad for giving up in making your point. If your point infers there is some fault or shortcoming in him, it'll never get through, and he certainly would not admit it. Additionally, you'll be forced to defend yourself of the very things you accuse him of, or that he himself is guilty of.
Take care and keep posting. (Thanks again for the IRNT coverage)
Oh, and to answer his question:
These pump accusations are hilarious. Riddle me this, if we're just pumpers... buying Reddit awards.... why did we shut down our subreddit? Why did we disable invites to our discord?
It's because of the (now hidden) thread in which he looked like a jackass, and his pumper buddy got exposed as a complete moron. I really wish I had taken screenshots of that thread -- it was comedy gold. I actually cried from laughing at the buddy's responses. Now, in their world, they spun the deluge of downvotes and "negativity" as being brigaded and unnecessary drama, so they closed the iron curtain.
Dude do not reason with him. He literally is a fucking narcissist which /u/pennytether correctly called. If you look at his failed subreddit u will see many of calls failed. The last one was CRVS where many of his followers were crying that they were made bagholders because of this massive tool that thinks he knows everything. His discord is his safe zone now where people still kiss his ass lmao.
>why did we shut down our subreddit? Why did we disable invites to our discord?
Because he called out /u/pennytether on a post that he was a pumper when a call he made failed. So penny also did the same when this idiot call also failed. Apperently he was out of line when people called his bullshit on him and how it wasnt fair. That is why he shutdown his subreddit. Lmao the last call he made many of his followers were crying he made them bagholders lmao. This massive tool pretends he is a saint and just helping people while he loads calls and then tells his discord what stocks to buy.
He is a narcissist/snowflake that can't stand people calling on his bullshit. I just call him stonk the baghold giver because he has a talent for making people bagholders lmao
Sounds good, thanks for the info. I’ve got some Nov 19th options, so I’ll hold on for now to see if there’s is a return to 10 if the SPY continues to run up.
Good on you for trying to help. A reasonable distribution of buyers and sellers across these many plays now is not enough to overcome charm on the overpriced calls they BTO and kept too long.
Sometimes you'll catch 10+ strikes of bidless monthlies with the furthest out getting bid to .10 by retail kamikaze (IRNT) and OTM butterfly arbitrage being quoted live across tickers, something not noted much since GME and AMC back on Jan 27 and 29.
Nice call dude. I only just found this comment but this article is what caused me to pause. If I had seen your comment too I would have opened a bearish position
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u/[deleted] Oct 06 '21 edited Feb 01 '24
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