***Squeeze Alert*** ATERIAN ($ATER) - Don’t Sleep!!!

[Absolut da poet ®]

.. If it's a Bear market

And the Bears are eatin' out here..
I'm gon put some shorts on and eat with 'em...Yogi !

 

[Uchiha God]

This dead?

 

[Denzel_Saucegton]

 

[mannyrs13]

Decent run back up with the rest of the market. Things were gonna look ugly this morning but it's recuperated some. Good day tomorrow will get us right back on track. Can hopefully close above 5.50 tomorrow easily, even better at 5.75. Staying above $6 by the time options close on Friday would be great. Should have a decent week.

 

[Absolut da poet ®]

Likely the shorts bombed it so they can scare retail into selling and then cover at a better price

When they start buying to cover their shorts it will jack the price and likely holders will dump it to take profits

The bottom is still about mid to high $3 range

Ceiling around $7.00+ unless there's a real squeeze in play

But I don't know.. the short % of the float hasn't moved but the short volume has so I don't know what that means

Probably gonna be on the roller coaster for the next 2wks with all the hedging and options being closed out or exercised

 

[I Really Mean It]

This dead?

Nah. If you’re holding, chill.

 

[mannyrs13]

Closed at 5.11 then 5.10 in AH so remained stable after close. Hopeful we get a slow and steady climb tomorrow. No need to run too fast too early.

 

[I Really Mean It]

Slow and steady. A squeeze is always gradual, never instant.

 

[Absolut da poet ®]

Slow and steady. A squeeze is always gradual, never instant.

I took a look back at GME squeeze and it took about 5 months for it to pop from $4-$5 range to $300+ however their short% was ridiculous

I don't know that this would garner anywhere near that same volume/attention

 

[I Really Mean It]

Hedges keep trying to push it down. The amount of money they’re spending to do such a poor job of it must be an unpleasant number.

 

[mannyrs13]

Hopefully close over 5.50 today. Even better over 6. Get those weekly calls in the money.

 

[I Really Mean It]

 

[jdubnyce]

 

[I Really Mean It]

Anything above $5 was a victory. They tried their damndest to keep it below max pain, but failed, partially because some shorts began covering today.

 

[I Really Mean It]

Great start to the week.