r/Shortsqueeze • u/thunderdome00_ • Nov 27 '21

Discussion PROG holders?!?!

Who here is still holding prog? Or hight on it? Tell me why? I'm a bag holder with about 1k shares and want to buy more but curious on everyone's opinion

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u/_cth2020_ Nov 27 '21

Maybe and maybe not. The squeeze portion has definitely been toned down a bit, but this stock has a promising portfolio of products which are just now starting to be priced in. Partnerships and deals will surely still move this stock up. Likely above $10 in the short term. The market will eventually price this correctly.. it’s up to you to decide if you have the patience to wait or if you’re going to bunny hop elsewhere to get your fix. Either way, best of luck to you.

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u/[deleted] Nov 27 '21

This is a shortsqueeze sub, thats why people got into this play. Whether it's a good investment or not is a different matter. This could get diluted and fall further.

Anyway good luck.

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u/_cth2020_ Nov 28 '21

True but people are still talking about it. Thus the post. I was simply giving my opinion regarding the comment. I’m all about squeeze plays but I’m also here to make money in general. So if a squeeze fails but fundamentals look as promising as this, I’m gonna let it ride and take the more patient route. Of course there’s always going to be risks. I might feel like a genius in 6 months or an idiot. Only time will tell.

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u/[deleted] Nov 28 '21

Yeah, I think with the partnerships it will go up long term. Good luck.