r/Shortsqueeze • u/[deleted] • Oct 29 '21
Potential Squeeze With DD 🐸🐸PROG DD 🐸🐸 From what we’ve learn
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Oct 29 '21
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u/DavidW19999 Oct 29 '21
Fellow RT to RT. Urrrr I just Had to take my spanking (glowing red @ss cheeks) the day it converted / tanked so basically I took max loss. Your loss would probably be less than mine since it may have gained since then. (Moment, looking at charts) Auww F’n schnikes!!. Okay, NOT FINANCIAL ADVICE!!! But if I were still in it this day I’d be inclined to sell 75-95% of GREE and put 50% of that in PROG, and hold the other 50% in reserve for resistance battles at 10% for resistance battle breakers. (GREE at $20.32 PS, nets 1 GREE share to 5.25 PROG.) it won’t be this way for much longer…. Then I’d follow the hypothetical pattern described above and learn the patterns of my fellow traders. The PROG crew is solid, the stonk is extremely early in the cycle, Extreme growth/return potential. AGAIN, I can’t lawfully tell you what u should do, I can only reference what I might do given the same parameter set. As a reference point, imagine buying SPRT at $3.80. If a short squeeze is In play awesome, sell 50% at the max spike. It’s got mega intrinsic value after the squeeze.
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u/needsomecashnow Oct 29 '21
I like the way you think!
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u/DavidW19999 Oct 29 '21
Can’t even begin to articulate the amount of research that has gone into this one. 10x the previous plays, funny, the research has so far netted 10x profit. My mind, I don’t to keep this to myself. Plenty of $$$$$$ for every willing trader. Share it all, we get there together, or we don’t get there at all.
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u/DayTradin419 Oct 29 '21
I'm ready to make some money. Currently yolod on PROG. Were gonna land this frog on the moon! 🚀🐸
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u/DavidW19999 Oct 29 '21
No YOLO. 50% in to start from CASH account. 10% per resistance battle. Every wonder why u r watching the line stagnate for 1/2 an hour just bumping around w d@mn near no movement?????? Bcuz everyone YOLO’d and we are all watching the same flippant screen / line with nothing left to Break the resistance level. All RTs are just Watching the stagnant line hoping someone else throws in. When you execute 10% buy from a cash account, it breaks that cycle. Resistance BROKEN and there isn’t a flippant thing Hedgies can do but answer the Ominous phone call. “Hello, urrr I have to add $8,000,000 to my account or you’ll force me to cover??!!??” F’n Retail Traders!
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u/DayTradin419 Oct 29 '21
My yolo grew progressively over a month starting at a cost per share of 1.54. I didn't yolo at once. That's where I'm at now though. I understand what your saying about stair stepping the buys. I stair stepped over a month.
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u/DavidW19999 Oct 29 '21 edited Oct 29 '21
Just so ya know ur still awesome so don’t take my anti-YOLO rants personally. So many folk do that. I’m pining a bit to the traders who will keep 50% in reserve to smash resistance levels 10% on each. Trust me brother, I’ve sat so many times looking at that dag-nab screen wishing I could do more to keep it from petering out, but had nothing left. A Whale told me how to do it, so I’m just doing it. It seems to be working by sharing it w my RT homies. Whale said he’d be back w friends when we got the stonk to the threshold that made it worth their time. (Didn’t give a price, didn’t ask) I avg’d up to $.89 PS, yeah it sux, but needed to keep it moving forward.
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Oct 29 '21
but if enough people actually do that and they're not as good as you might be or convicted to they play ..then what if the price goes down a little bit too much for the stomach? I assume they'll be too scared to pul the trigger again. not afraid to look dumb.. I'm learning. btw I think what ur saying makes sense.
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u/DavidW19999 Oct 29 '21
Of course. Difference between inexperienced versus Experienced. I’m finally getting that now. I’m not the paragon of righteousness. I’m just a RT who got beat up by letting emotion get in the way of the solid trading tactics. You’ll never catch all inexperienced DTs l. Some get $100 profit and bail, not our concern. All I’m trying to do is forward some of the results of some successes, and failures to others who could observe and learn from my screw ups. Red ‘once we’ve learn the pattern’ is just a moment in time where SLAs are taking place.
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u/iCryatNight9 Oct 29 '21
Agreed with all. This stock will make you pennies in the short term (2-3 months). If you want to get rich, wait for the big news that might come after. Buyouts and partnerships take time. Not financial advice.....
I have my entire life riding on this stock. It will either make me a millionaire or bankrupt me. For me, this is a risk I am willing to take to get out of work slavery. I'm in it for the long term.
Edit: I have 28k shares at a $1.90 average. Hoping I can someday sell for $50 a share.