By popular request, here is my research on $ATER short squeeze play per my usual thesis.
Here's the short version... by the numbers, shorts are just now starting to realize... they fucked up.
Here's the short version... by the numbers, shorts are just now starting to realize... they fucked up.
Ortex data shows shorts got in around Aug 1st @ $9.15 or less (at best)
FTD spikes since then have been consistently happening every T+6 days (sign that market makers are involved)
Institutions piling in.
SI: 68% of FF
19% of FF is ITM in calls
Looks good!
FTD spikes since then have been consistently happening every T+6 days (sign that market makers are involved)
Institutions piling in.
SI: 68% of FF
19% of FF is ITM in calls
Looks good!
The one piece missing is the short exempts. Short Exempt volume is hovering around 1.5% of short volume, but it's going to likely start showing up soon, if market makers have FTDs outstanding.
Doesn't mean it won't squeeze without the short-exempts going nuts, but I'd like more.
Doesn't mean it won't squeeze without the short-exempts going nuts, but I'd like more.
At the moment, it looks like $ATER has some bullish news around the corner, but this might just be its first run. More data is needed. I don't have a position right now.
As always, do your own DD and make your own financial decisions.
Good luck!
As always, do your own DD and make your own financial decisions.
Good luck!
• • •
Missing some Tweet in this thread? You can try to
force a refresh
