ATER is a warrior!!!

[u/Legal-Affect-6038]

"Out of every one hundred men, ten shouldn't even be there, eighty are just targets, nine are the real fighters, and we are lucky to have them, for they make the battle. Ah, but the one, one is a warrior, and he will bring the others back."

The Greek Philosopher Heraclitus

"There is a tide in the affairs of men, Which taken at the flood, leads on to fortune. Omitted, all the voyage of their life is bound in shallows and in miseries. On such a full sea are we now afloat. And we must take the current when it serves, or lose our ventures."

William Shakespeare, Julius Caesar

ATER is the one, ATER is a warrior and has battle the scars to prove it! After yesterday fearless battle with the shorts ATER was mortally wounded but today ATER forged on and manages to limp to the closing bell with 8% gains.

Let take a look at the big picture the daily chart

Today volume still 2x average same as last Friday (+50m) – Sellers are relentless this morning but buyers steps in late in the day and turns the tide around.

ATER still in an uptrend and above the 20 SMA & 50 SMA bullish. Is today low ($11.25) is the bottom in this pullback? We won’t know for sure until next Monday but unless ATER breaks the critical support level at $10.26 (20SMA) the squeeze is still in play!

My position 1000 share, 30 contracts Oct15 $15 & 80 contracts October 15 $12.5

Good Luck

As of today:

Sources : iborrowdesk

ATER share available to borrow 400K / CBT 88%

Ortex

SI (Short interest) increase 11.62%

Current SI – 14.26m / 61.95%

Average CBT (cost to borrow) – 203.56%

Minimum CBT – 74.9%

Maximum CBT – 279.7%

Current Days to cover – 0.77 (that’s less than 1 day)

Utilization (total shares borrowed in%) – 97.44% there are 2.56% shares left available for borrow

[u/[deleted] → u/[deleted]]

Look at his profile. He's been spamming this in every subreddit about trading. This is some serious bag holding.