Thank you, Matt... πŸ‘πŸ‘πŸ‘πŸ‘πŸ‘

It's your money. It's your decision. Nobody can tell you what to do. This is about market transparency, fairness, and FREEDOM to control YOUR money and YOUR financial future.

This had to be said -- @matt_kohrs
I truly can understand @matt_kohrs's feelings when someone reaches out to you to tell you something as amazing as that you saved their loved ones because of your DD.

After $SPRT squeezed, someone told me that they were able to save their wife with life-saving cancer treatment.
It forever changed my mindset about why I'm doing this. It wasn't about me and what I wanted anymore. It wasn't just about making money for myself.

I realized that I was given trust and power by the people who followed my non-financial advice.
At that moment, I felt an overwhelming sense of responsibility and an obligation to be honest, realistic, and do everything you possibly can to protect the people who follow and trust my advice.

I intend to exercise that responsibility dutifully.
To my Turkish friend who reached out and made me cry tears of joy with the news that his wife was going to be saved, I'll never forget that moment.

You converted me from a trader to a rebel, and you made me realize that I had a duty and a mission to fulfill for retail. Thank you
I hope your wife and your daughter are doing very well. I hope I can take you up on your offer some day to visit.

Would be an amazing excuse to come tour Istanbul.

β€’ β€’ β€’

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More from @TRUExDEMON

18 Nov
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. Image
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
17 Nov
Wrong ticker, homie. That'd $PRG... not $PROG.

You've got the wrong company.
This is a warning in common investing mistakes.

CHECK THE TICKER AND EXCHANGE!

This error happens so frequently in trading that it has actually caused squeeze events because a stock rallied, and in the FOMO scramble, other stocks with similar tickers have rocketed with them.
This is a really good way to lose money just because you didn't spell check your ticker symbol.

Make sure you know where your money is going before you hit that buy button.
Read 4 tweets
17 Nov
$PROG OTC/Darkpool activity indicates that algos and institutions are the main responsible parties for this price action today.

We continue to see tons of selling pressure routing to the exchanges whilst.

Reminder to use directed market orders to send your busy to the exchange. Image
This is a speculative explanation, but I have noticed that because of the plethora of available shares in dark pools, it seems likely that MMs will buy large sums of shares in DPs to grab an inventory of shares on the cheap.
This allows MMs to fulfill buy orders from their inventory instead of buying on the exchange, preventing the NBBO from being affected. Meanwhile, they can route any sells directly to the exchanges on a selective basis to create the illusion of massive selling volume.
Read 4 tweets
17 Nov
Really liking this Wyckoff pattern here. $PROG is still on it's way to greatness. This little retest of $4.80-$5 is just confirmation.

Even if $5 - $7.50 calls expire OTM, this was a massive victory.

I've closed/rolled/exercised all of my 11/19 call positions. ImageImage
Most of my remaining contracts are set up for January for safety reasons. (Always give yourself more time than you think you need.)

But the pattern looks like it's going to play out to completion before Dec 17, so I bought a big load of calls on the dip for 12/17 too.
At this point, bulls have done so much damage to shorts this month that I have supreme confidence that the squeeze is coming soon.

And while I do not recommend FOMO-ing into any stock for any reason, $PROG is showing the strongest signs of squeezing of any other play this week.
Read 11 tweets
17 Nov
For those that like to daytrade on ETFs, $IWM is severely oversold, and @unusual_whales flow is obscenely bullish following this dip.

An alert was fired for a whale buy on the $253 calls expiring 12/10, which are surprisingly cheap at $0.35 on the ask side.

Darkpool volumeπŸ“ˆπŸ’₯ ImageImageImageImage
Looks like a nice reversal incoming for the Russell.

It's always a good idea to have some side plays going to earn you a little bit of money, and if you're one of the #AMCAPES, betting on the Russell indirectly helps #AMC as well as it's part of that ETF.
I had a tiny bit of buying power left after I finished exercising my $PROG calls, and wanted to jump on something a bit more... diversified?

Just a nice little swing trade on the side that I noticed looks pretty juicy, so I'm gonna follow that whale.

$253c@12/10 πŸ‘
Read 4 tweets
17 Nov
On the topic of $PROG Dilution...

I find it EXTREMELY unlikely that $PROG will announce an offering, even at these prices, before they or their biopharma partner announce the terms of their partnership, as both parties know it will cause a jump in value.
Even if a dilution comes, there is only 13m shares available to offer, and Athyrium has been scooping up every single offering that wasn't direct to market.

There aren't enough shares available to do any real damage & the offering would be bought within 3 days at this volume.
Suffice to say, I'm not even remotely worried about dilution. Even if it happens, I'll just set limit buys and get more shares at a discount.

It won't be enough to destroy a squeeze if retail simply holds and buys.

At worst, or would just delay it. I'm
Read 5 tweets

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