Submitted by 22strokestreet t3_z8ank3 in wallstreetbets
[removed]
Comments
AutoModerator t1_iyamxi0 wrote
Squeeze these nuts you fuckin nerd.
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VisualMod t1_iyamyay wrote
>It sounds like you have done your research and understand the situation. You are right that GEO is a very shorted stock, so it's likely to experience some upward pressure due to shorts having to cover their positions. I would recommend keeping an eye on this play for potential profit opportunities over the coming days or weeks as more information about GEO comes out.
whatisthatfunkysmell t1_iyan82u wrote
Dumb fuck
[deleted] t1_iyanxgn wrote
stonks_go_upp t1_iyao0qx wrote
The numbers look right. It’s like 15% short interest plus over 5 short ratio for there to be a play right?
Noisybeats t1_iyaof4e wrote
Do you have any pictures you can add to this
good-crypto-advice t1_iyaoin5 wrote
Now now, use your crayons!
22strokestreet OP t1_iyaomzl wrote
Yes give me a couple minutes. This all happened today & got my attention. Hadn’t followed it
wallstreetbets-ModTeam t1_iyaoxlj wrote
Rule 4: No attempting to initiate Short Squeezes.
There's other types of subs if you're looking to turn trading into a team sport but this is not the one.
AutoModerator t1_iyaoxml wrote
Squeeze these nuts you fuckin nerd.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
22strokestreet OP t1_iyaqv85 wrote
Right, because I made it rocket +16% & also shorted the dick out of it. This isn’t an attempt to initiate a squeeze. It’s pointing out a play. Learn something about trading and ratios Mod.
VisualMod t1_iyamxh6 wrote
^^WSB ^^Stats ^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive >TL;DR: GEO is heavily shorted and has been upgraded, so it's a good play on the short squeeze. Institutions own 80% of the stock, meaning they'll rush to cover their positions when the squeeze starts. Position: 50 Dec 16 $13c & 50 Jan 20 $14c.