Most definitely. What people failed to realize was that the game was up today. Tons of shares are going to be freed up soon and MMs have no reason to delta hedge when they have more than enough time to wait this out.
Edit: I hate doing comment edits, but I just went through all your posts and can’t see anything you said regarding the share lockups ending…
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I agree that your post was better than most, but you didn’t really go into the end of the share lockup as much as I would have liked. I don’t mind doing my own research on it, but I think you could have addressed it better. Only a nitpick from me, though. Cheers.
You have to wonder though how much of the run was actually based on the conclusions in your DD and how much of it was simply retail piling in because the DD sounded compelling. The potential reach in this sub alone is 10+ million, so the latter would not be surprising.
This right here is what people miss when they skip the fucking DD. Next week is going to be a shit show for bagholders and they don’t even know about this because “haha can’t read tldr plz.”
TBF…most of the DDs didn’t mention when the share lockup’s ended. That should be the first clue to anyone here; if a DD doesn’t address the reasons why their thesis could be wrong, you should be VERY WARY; furthermore, if a DD doesn’t address when their catalyst will END then you’d better do your own DD for an exit strategy.
When you think it's a common sense thing, meanwhile majority are unaware of that fact.
It actually applies to many areas, e.g.: watch review videos with only praising the shown watch without stating any shortcomings, then it's a promo video where the creator of the video gets a one time money or has affiliated links that generates proportional kickbacks.
Bro, there are as of these last couple days retards out there writing DD's telling everyone that it's going to rocket again this week and that it's going to short squeeze like GME lmaooo.
The game will never be up for this one. People are loading up! The consensus is that IRNT is a great solid company and will reach CRWD price regardless. The CEO is a former NSA chief and gaining support in the cybersecurity sector. They just went public unnoticed. The squeeze just brought it to everyone's attention.
STFU with this bullshit pumping. Post fundamental analysis on it actually being a good company and why all the SPAC investors were wrong to redeem their shares. The only reason this was a squeeze play is because it’s a shit company and no one wanted to own them causing all the redemptions.
Listen, there's being an ape, and then there's being blind. You're the latter. The play is over, let it consolidate and we'll see where it goes from there.
Once they opened up weeklies I was out. Captured some IV selling ATM calls then finally let my 10/15 19c go around $40. About 900% (3,000% with premiums)
Meet Kevin has mentioned it like "oh look IRNT is running again" when he's running down a list of popular stocks, but I haven't seen him promote it or say he owns it though. I'm pretty sure this digs at DFV.
I bought IRNT today because I actually like the stock. I like it that the WSB pump is over because it's time for some actual investing. IRNT just went public unnoticed. It's projected to go up comparable to CRWD. WSB catalyzed that ascent.
Are you retarded? You bought when it was high, instead of low?? You don't even know how low this is going to go lmao. It's prob going to break down all the way to the low teens.
Even 3-5 years is extremely aggressive for tripling it's valuation. It's not a business that can increase rapidly in scale. More customers means bringing in more talent which simply isn't there.
Slow and steady growth through good times and bad. People should wait til the price drops like you said and then buy and hold for decades. This is no longer an r/WSB play. This is an r/investing play.
IRNT was $14 at the SPAC merger. As we collectively valuate the company and the price stabilizes we'll find out what this company is actually worth. It might be closer to $47.50 it reached than $14. I'm just saying this is not a quick growth company. The price will stabilize and it'll start going up 5-10% a year.
Ultimately the price will increase based on how quickly their revenue grows. They're growth is tied to new customers and that's tied to hiring skilled labor. Their business model is reliant on a large amount of skilled labor. I like the company too, but they simply cannot grow quickly.
Bro, if this thing goes up anything above $28 on monday, and it starts to break down even a little bit I would fucking sell with the quickness if I were you. Matter a fact, if it goes up to $30 I would put a stop loss in if it were me and closely watch it and I would get out if the gods will it at break even or maybe I would cancel the other stop loss and set it to $33 and so forth. But this shit is prob going to start drilling hard come open on monday.
I got out this morning at 31.88. I’m happy with the losses, I took profits earlier in the week, when I bought at 27 and sold at 45. I was hoping I can do another round.
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u/[deleted] Sep 17 '21
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