Discover and read the best of Twitter Threads about #prog

Most recents (5)

I believe this is the same executive order that caused #Gamestop #AMC #BBIG #PROG & all #MEME #STOCKS to run huge in January 2021 and May 2021.
#AMC #GAMESTOP AND ALL MEME #STOCKS
THE REAL REASON THEY RAN IN 2021; MARGIN CALLS
PROOF IT WAS BIDEN EXECUTIVE ORDER EXTENSIONS THAT SAVED THE MARKET MAKERS
Read 7 tweets
Something that came to my attention today was the rapid trading of massive blocks on $PROG.

I want to credit u/AwarenessProud1079 for this research, as he has established an interesting link between the original CEO of #PROG and his new affiliations

reddit.com/r/Progenity_PR…
The OP of this post references "Andrew R. Midler" in his post, and states he wasn't able to establish a link between himself and any entities... but I was.

And my findings were... interesting to say the least.

Andrew Midler is associated with Savitr savitrcapital.com
Proof of Midler's association:

insidermonkey.com/hedge-fund/sav…

What makes this interesting isn't just that Andrew Midler appears specifically in Progenity's filings referenced in the redditor's post, but it's the companies Savitr also has an investment in.
Read 16 tweets
I'm going to cover one last item on $PROG today. I was looking at the Unusual Whales FLOW that Hootmoney posted, and there is definitely something happening here.

The OI on $5 and $7.5 calls for $PROG went absolutely nuts in the afternoon today, and I only just noticed.
Almost all of the bearish volume came from selling call options at the end of the day, which I STRONGLY suspect is being done in order to quickly secure premium and scalp some cash before the options expire.

This is a very common action, but for it to happen in these numbers...
... holy shit. There are 111,295 calls OTM on $PROG between $5 and $7.50

That's a combined 11.13M shares on the table.

Those weren't there this morning.

A fair amount of these may be retail, but many times more are likely coming from market makers & HFs.
Read 17 tweets
Oof, I wish I hadn't slept in today. Could have made a real nice day-trade. Oh well.

Anyway, I see $PROG is doing awesome. Broke through two support levels in pre-market, and fell back to $5 before finding support.

All-in-all, pretty healthy correction.
Once we establish $5 as the new level of strong support, which it looks to becoming so, then we can expect to see another leg-up. $5.50 is a lovely target that we can easily break to put another level of call options in the money.

Lo and behold, Dec calls are filling up too.
Shorts are still going to have a hard time borrowing shares at this point. Util is 99.9% and the net returns from two days ago are apparently already being borrowed again, which just means more money to take from shorts.
Read 13 tweets
$PROG MEGA DD Thread part 1

Posted this back on October 20 after recent options expiration. The details of the charting and price movements should help inform #PROGGERS in order to give conviction to #SqueezePROG

Retweet to help spread the info.

threadreaderapp.com/thread/1450660…
$PROG MEGA DD Threed part 2

This is when #PROG officially hit all of my squeeze triggers, according to my Short Exempt Squeeze Signal Theory.

threadreaderapp.com/thread/1451687…

Short Exempt squeeze signal Theory explained: reddit.com/r/Wallstreetbe…
Not really DD, but just some pay observations I made that prove I'm not a complete dimwitted degenerate who only pretend to understand the stock market.

I predicted two of $PROG's major moves before they happened, not to mention the $AMC June sneeze

threadreaderapp.com/thread/1448305…
Read 6 tweets

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