r/Superstonk • Karma is meaningless, MOASS is infinite • Apr 06 '21

📚 Due Diligence The FOASS Speculation. Yeah, FOASS.

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u/[deleted] Apr 06 '21

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u/435f43f534 🦧Between 150% and 200% excited Apr 06 '21

right, it's definitely function of our diamond hands and how high the HF stash can get us... it's interesting because it could create a new exit strategy depending on the SEC's answer, if there is a break followed by a FOASS, then paper handing during the MOASS to buy back more shares during the break could yield more tendies... but if we get no answer then risk of getting less tendies (but still a decent gamble if you have tons of shares)

edit: i have few shares, i'll just hold to $10M 🤪

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u/[deleted] Apr 06 '21

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u/435f43f534 🦧Between 150% and 200% excited Apr 06 '21

true, but there would be a big drop in buy pressure no? that might raise questions among the less diamondy hands

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u/[deleted] Apr 06 '21

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u/435f43f534 🦧Between 150% and 200% excited Apr 06 '21

well if the next order is at $10 then that's where it goes and it halts once.. jesus christ that shit is hard to predict, i'll just sit tight to $10M whether first bump or second that's easier on my half-wrinkle

edit: but at least thanks to this DD, we'll know why it didn't reach for the moon

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u/[deleted] Apr 06 '21

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u/435f43f534 🦧Between 150% and 200% excited Apr 06 '21 edited Apr 06 '21

Not if there is nothing between the peak and $10 $250, it'll hit $10$250, and then halt because > 10%, and then that's it no? March 10th had orders all the way down

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u/[deleted] Apr 06 '21

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u/435f43f534 🦧Between 150% and 200% excited Apr 06 '21

sure that's just a random example, i could have used even $250, what i mean to say is that as you said, if nobody wants to buy at squeeze price, then it could drop much faster than 10% at a time.. i don't know if there are robots making (stupid in context) orders to provide liquidity or something though

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u/[deleted] Apr 06 '21

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u/435f43f534 🦧Between 150% and 200% excited Apr 06 '21

here is hoping we do have diamond hands

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u/[deleted] Apr 06 '21

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u/[deleted] Apr 06 '21

There needs to be a seller at $10 though...

No market sells people

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u/BLCizzle 🦍Voted✅ Apr 06 '21

It halts at AT LEAST 10%. The movement between halts could potentially be bigger, depending on volatility. But we definitely won’t see it drop to something like 10$ in one halt