Bull trap

Alejandro Massuttier
Posts (119)
People please, bears and HF have been making a lot of money on this. They are not fucked, the are smart, they don’t care about any position of retail ir playing mental games. There is an algorithm doing this, they increase the volume to monetize all the gains and then go large in this stock. No one besides retail is buying this, same HF and same MM setting the price
Don’t understand why all you guys are not playing short … you will sitting in a huge pile of money. I am Bull actually, but in the mean time I collect all daily downside… it is easy. Don’t attach emotionally and go with the flow. Stop having faith every day and make real money.
Bull trap
Bull trap
I have been accumulating losses for minus 40%, then I decided to cut all my losses and start shorting and finally I recovery all my losses. Sometime we need to accept we have been scam in this one and move with the flow. I think this a good company but we can fight against MM and HF, let’s do exactly the same as they and we are gonna make money, just a kind reminder
If everyone knows that this stock is heavily manipulated and HF are playing dirty it is obvious to take the same short position and make good money instead of chasing or suffering an irracional stock. I am agree with you all that maybe we could see a squeeze but this is gonna happen when HF wants, in the mean time is wiser to short and go to the flow. It is useless trying to explain why the movement is red and red every day. Make money with the flow and don’t fight versus de market
My thoughts on this is that HF are going to maintain in these levels to avoid the option chain from 7.50 to 55, and take important loses. So they print the price below 7.50 until next Friday (options expires) and the next option chain for December are very tiny, few contracts and strikes prices to 15. So, at that point the P&L are very positive for them and they will start covering with no risk and get all the options premiums plus the good money they have been making for shirting this.
