This is the hard part for $PROG holders. We are coming to the home stretch. This is when all the FUD, negativity and selling pressure will hit hardest.

It's because we are right.
Shorts are scared.
Market makers are terrified.
And insiders are being greedy.

Here's why...
We were forced below our ascending support trend on the lowest volume candle in five weeks. This was a targeted sale to force the price down as fast as possible. There is nothing but false sell walls above us.

That's because the call options chain is entirely too scary.
67,637 calls ITM
185,060 calls OTM
252,697 total

IF THE PRICE GOES UP BY EVEN ONE DOLLAR, THE CHAIN REACTION OF CALLS ELIGIBLE TO EXERCISE CAN CAUSE A RUNAWAY EFFECT OF GAMMA SQUEEZE.

This is Market makers trying to acquire shares at the cheapest price by scaring retail.
I already know that people will be calling me a hedgie, a pumper, and accuse me of creating bag holders.

So do what you want.

I'm holding onto a much $PROG stock as I can reasonably afford, and I'm not selling.

The more retail holds and refuses to sell, the higher it can go.
Market makers can cause the gamma squeeze to fail if they can scare enough people into selling, and that is why everyone's conviction is about to be challenged more than ever.

And everyone who only likes at the price, panics, sells, and blame me or someone else will look...
...incredibly foolish once the price takes off towards the stratosphere.

Money makes people do stupid crazy shit. I'm ready for it. Bring it on.

I have more patience than shorts have solvency.

Patience is 🔑

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More from @TRUExDEMON

13 Nov
Hey, @Tsiash1 I'm curious how many minutes you actually spent on your research for this stock.

Did you write this out of spite for your assignment or something?

Your research is ankle deep at best, and I resent that you dismissed it as a meme stock.

investorplace.com/2021/11/prog-s…
Do you really have that much hubris that you don't think that retail investors can research this shit too?

If you spent more than thirty minutes moping about having to write something about a stock you didn't know anything about, you'd have realized this company is ready to pop.
You should have noticed that this stock has been shorted by 30% of its free float since it was trading under $1.00 less than a month ago, and that the short reports have continued maintaining.

If you looked at options data, you should have seen the PCR is 0.14 and OI of 250k ImageImageImage
Read 15 tweets
12 Nov
I'm not saying a sell off is gonna happen for certain, but I definitely think that $PROG holders will have their conviction tested harder than ever. Power hour is coming and the volume is still lowest it's been in weeks.

The following is absolutely not financial advice... Image
Market makers and shorts do NOT want these calls in the money. They will try very hard to force the price down hard today and next week.

There are 25M shares on the call chain here. That's over 20% of the float.

This is the time to hold and hold strong. ImageImage
A few million dollars in buying volume next week can push $PROG to unbelievable highs if the #Proglodyte army pushes together.

Friday is the time to load up on options, and MONDAY is when the bullish momentum can hit hardest.

NO shares to borrow.
Util 100%
SI 35% of FF ImageImage
Read 8 tweets
11 Nov
$PROG AH action only appears disappointing. I just went through the transcripts (I wasn't able to listen live), and the confirmed drug combinations for tofacitinib (or biosimilars) and adalimumab, which are manufactured by pfizer and Abbvie respectively.

Don't panic. 📉=🐂💩
This is AH accumulation, which may continue tomorrow, but I'm so bullish. Day trade puts if you want to play games with the intraday chart, but I'm just gonna hold.

Ya'll give way too much credit to AH.

There is no volume.
Shorts haven't covered
Even as the float grew.
Let's just think for a second about the volume on $PROG this month.

Is there a single red candle in this chart with any kind of impressive volume?

No. Dumps happen after massive runs and we haven't hit the next level yet. Just be patient.
Read 5 tweets
22 Oct
$PROG has officially triggered ALL of my Short Exempt Squeeze Signals.

Utilization is over 95% since 9/22
Short Exempts were 6% of short volume today, 3rd day in a row above 3%
SMA is 5% up for the 10th day in a row
Short Vol 53M today

This will be a long-ish thread. Buckle up
The short volume being over 53M today speaks volumes to the effor that was made to control the price today.

It didn't work.

Here's the FINRA Short volume data from today.

Meanwhile, @ORTEX is updating or their brokers are stalling for time while they manage the chaos.
$PROG's call chain has been growing at an incredible rate over the past two months, where we began with less than 20k OI on the call side from October to January, all the way to over 100k calls just in November alone.

This image was taken Oct 13, just before Expiration
61.7k ITM
Read 15 tweets
21 Oct
Seems like all I every do anymore is talk people off the edge...

Ladies and gentlemen... Shorts have run out of ammo. They pushed $PROG down to $2.30, and it bounced again off $2.35.

We now have a Sine wave.

Ya'll panic too much. 😂
Let me continue by saying that $PROG recently got placed on the Threshold Security List, which means that as of 5 days prior, it's FTDs exceeded 0.5% of its outstanding shares.

There are at least 750k shares that have failed to deliver to holders which must eventually cover. NASDAQ Threshold List, courtesy of @WS_Viking
There is obviously some concerns after the stock fell from $3.50 back down to $2.30.

Can I just remind everyone that we are still up 380% since $PROG hit its all time low of $0.60?

That shorts are still underwater by 145% since $1.60?

Hakuna Matata. We're doing fine. Relax.
Read 10 tweets
20 Oct
I truly wish more folks from the #infosec community took an active interest in our financial markets.

Many of us have been hacktivists, digital protesters, and advocates for change ever since we entered our first BBS board.

This is something we can understand...and change.
For those of you who are interested enough to read past the first tweet, I've been a pentester for going on 7 years, and have been obsessed with #hacking and #infosec ever since I was a teenager.

And I've felt more of a connection to people who think like that than anyone else.
For whatever reason, we seem to gravitate toward the idea of democratizing the internet and are huge advocates for freedom of speech, anti-censorship, and anti-authoritarian.

Somehow I have better relationships with nameless strangers on the internet than my family cuz of this.
Read 14 tweets

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