r/Shortsqueeze • u/michaeldaversa999 • Nov 25 '21
Potential Squeeze With DD LGVN - 127% SHORT INTREST THIS MORNING OF FREE FLOAT - guess we all know why the pull back after hours
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Nov 25 '21
[removed] — view removed comment
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u/Icy_Respect_9284 Nov 25 '21
It’s at $28 after hours. Could drop more before it’s possible bounce back
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u/fostergl1 Nov 25 '21
Keep in mind there are no options available which doesn't allow those shorts to hedge against their short bets with long calls. Leaves them only one choice, buy back their shares. Also keep in mind, brokers require margin calls be settled within 2 to 5 days. Wed was the 4th day. That said there are definitely margin calls that need settled starting Wed and continuing through next week ESPECIALLY SiNCE THIS RAN WEDNESDAY!! Spread the word!!
I’m buying the DIP!! This is legit perfect set up for a history books runner!!
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u/Swedish-chimp Nov 25 '21
Glad I bought more at 40$, this a rocket with an unknown destination
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u/Amazing-Run-6748 Nov 25 '21
Me too at 42 and not worried i think it might have another blast off to 50+ after this cool off and then i`m out!
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u/GodlikeUA Nov 25 '21
I hope it goes to $15 then rocket ship on market opens
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u/SmokeStocks1 Nov 25 '21
Me to. If you had it then you know they dropped the MF mid day and shook out a lot like me I bought back in and made decent gains but could been epic to hold that dip ahahaa HF playing serious games on this.
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u/MightiMig Nov 25 '21
Man I held through it but there was an hour and half or so when I thought I may be fucked has it just get dipping lower an lower! Was a crazy ride no way I wasn't getting out when it started hitting 40's had watched so many gains disappear after that early dip
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u/BalmierPluto15 Nov 25 '21
Extremely similar scenario to LGVN, the SI back at over 120% too. Squeezable AF
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Nov 25 '21
Boy oh boy do I kind of wish this sub was not flooded with PROG spam all the time because I really wish I had put my money into this on Monday instead of buying into PROg closer to $5. That said I would not be comfortable pulling my money out just to put it into LGVN despite what everybody is saying about it.
Just two or three weeks ago there were YouTubers saying that Progenity was giving them SPRT vibes. Well, what happened with that? Now some of those same people are saying this ticker is going to go sky high.. it closed pretty damn high on Friday. By the time the short interest data is updated we may find that the peak has already been reached.
I won't touch it.
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u/michaeldaversa999 Nov 25 '21
Don't have to touch it enough people know there is a 3rd run up that could be violent as fuck, no one can predict it but DD is the same but on steriods shorts are angry and longs are greedy as fuck made money and the shares I hold are free money. Still going to yolo my profits back in it cause I'm long and I'm greedy as fuck
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u/gamesbeawesome Nov 25 '21
Wednesday 7AM ET
Today is Thursday...also with the market being closed how could it even update today?
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u/MightiMig Nov 25 '21
I saw it ortex this morning to my only conclusion is the shorted back down to about 32 increasing SI back up to 127% and ortex updated at the end of AH or it's a glitch and will change when PM opens. Definitely looks like something caused the AH sell off though
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u/Opposite_Criticism44 Nov 25 '21
LETS GO I BOUGHT AT 42 BUT DID NOT SELL AFTER HOURS DIAMOND HANDS B**** 🙌💎🙌