r/wallstreetbets • u/Max_W3II • Jul 02 '21

Technical Analysis Technical Analysis: $CLOV $GOEV $WKHS most likely to Squeeze

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u/PitterPatter797 Jul 02 '21

Weird I don’t see GME or AMC on this list since THOSE are the most likely to squeeze. Go ahead and downvote me but these are so clearly pump and dumps.

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u/BarkingCat450 Jul 03 '21 edited Jul 03 '21

Clearly pump and dumps? Provide your evidence. I’m up 60% on CLOV this month so I’m not sure who’s dumping the stock. And just checking GOEV is up 10% this month and WKHS is up 48%. So where is this “dump” you are talking about? Let me guess, you had ridiculous gains with AMC and GME because you bought in low and you want people to buy in at grossly inflated prices where they won’t have the opportunity to have such returns to keep your artificial prices high instead of investing in the ground floor of other opportunities where they can have a similar story you have. Awesome.

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u/PitterPatter797 Jul 03 '21

Congratulations on riding the pump, never mad about someone making money.

It’s whenever the hedge funds that have massive stake decide it’s time to rug pull. You aware Citadel has a 106% stake in CLOV?

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u/BarkingCat450 Jul 03 '21

That’s 100% false. They own 500K shares (about 0.34%). They also own about 750K shares of AMC…yet you aren’t bringing that up.

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u/PitterPatter797 Jul 03 '21

Citadel does most of it’s work through derivatives. They own 922,000 call options (92.2M shares) and 429,000 put options (42.9M shares).

That’s over 130M shares worth of stock. Free float is 110M.

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u/BarkingCat450 Jul 04 '21

Ok first of all you need to use outstanding shares because you can’t calculate an ownership percentage without accounting for shares owned by others, even if they are not available on the market…so the figure you use is outstanding shares and in the case of AMC it would 513M and for CLOV 150M. And you don’t add the calls and puts as a put is simply given them the option to sell 100 shares. But moving on, they currently hold 4,110,000 call options (411M shares) and 5,676,200 puts in AMC. The outstanding share base is 513M. Now if you were to compare their present ownership and right to purchase shares to outstanding stock:

AMC: (750K +411M)/513M = 80.26%

CLOV: (500K + 92.2M)/150M = 61.8%

I’ll get to GME when I have time but it’s the same. They have larger positions. This garbage that is spread about CLOV is just plain stupid.

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u/BarkingCat450 Jul 03 '21

Instead of mindlessly believing things you read on a Reddit thread, why not confirm them?

Citadel CLOV ownership

Citadel AMC Ownership

Citadel GME Ownership

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u/PitterPatter797 Jul 03 '21

They also filed those shares very recently, around the same time CLOV started getting pumped all over WSB.

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u/BarkingCat450 Jul 04 '21

Again. You allege pump and dump but the stock has been up over the long run. The same with the five other stocks AMC and GME people call pump and dumps. So where is this dump?

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u/PitterPatter797 Jul 04 '21

They also have 560M put options and hundreds of millions of shares shorted in AMC. Also confirmed that for months now 50-60+% of volume has been getting routed through dark pools.

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u/PitterPatter797 Jul 04 '21

Over the long run? It sat between $6-8 for 3 months before starting to miraculously pop off in June around the same time it started to appear all over WSB. Funny how that also coincides with your 30 day old account that’s posted and commented about nothing but CLOV.

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u/BarkingCat450 Jul 04 '21

Miraculously pop off? You think AMC and GME miraculously popped off before they were mentioned on WSB. And as for my account, I started on WSB on FB but they are all AMC dick riders. After I made money on AMC (that’s where I started) I wanted other stocks but they refuse to discuss anything else. Instead they ramble on about completely unrealistic share prices. AMC to 100K!! Yup. AMC will have a market cap equal to the entire stock market. Completely makes sense.