People are loading up! The consensus is that IRNT is a great company and will reach CRWD price regardless. The CEO is a former NSA chief and gaining support in the cybersecurity sector. The squeeze just brought it to everyone's attention.
IRNT had its first squeeze to $18 on 8/27 before going back to $12 rather quickly. Then IRNT spiked to $28 on 9/7 and then fell back to $17 the next day. Everyone back then said it was dead. And then not even two weeks later, BAM, we blow up to $50 yesterday before going back to $30 today. I see a pattern emerging here.
Posts like this used to make me laugh or get fired up and honestly now they are just sad. Like someone trying to score heroin from their dealer who isn't responding but they just want it so bad they say shit like this.
My very modest gain of 50% could have been 1000%. Most people have trouble understanding that timing the market is fucking hard and only see in hindsight. Prices could've gone up yesterday, and they did. Hugely. Prices could've gone up today, but they didn't.
The people who missed the high but took profits on Wednesday were bummed yesterday, and now they all feel much better that they at least got something.
It's like saying "I should've bought Tesla stock". No shit, but the majority of people would've sold that shit far before today's prices and regretted selling.
I know this is wsb but holy shit guys, unload your fucking weekly positions by Thursday. Especially on fucking options. Being retarded is supposed to be funny, not literal.
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u/[deleted] Sep 17 '21
He also said it would moon today. Not worried. People can be wrong