2021.09.20 19:40 Brxaker This is my second ep, it has 2 SOUNDTRACK in it, shares, likes, follow, thank you!!
2021.09.20 19:40 Honest_Abez What promos are these? Never seen any with the pika tail before. Thanks!
|submitted by Honest_Abez to PokemonTCG [link] [comments]|
2021.09.20 19:40 Pity_the_Fool_Real Help
My switch pro controller cant use the camera on the pc version of the game through epic launcher. But when i enable support through steam the game only recognizes it as a mouse and keyboard not a controller
submitted by Pity_the_Fool_Real to Nioh [link] [comments]
2021.09.20 19:40 josh34521 RKLY - the IRNT-like opportunity retail hasn't discovered yet (made by the guy who called IRNT)
| Greetings degenerates. Many of you may remember me as the total idiot who called IRNT last week on WSB right before it more than doubled. Well, I'm back with another one for your viewing pleasure.|
**Before I begin please note that none of this is financial advice. These types of plays are extremely risky and you could suffer serious losses. Consult a financial advisor and do your own research before making financial decisions*\*
This is a stock with a similar setup as IRNT but at a much cheaper price. The stock is RKLY, Rockley Photonics, and is similar to IRNT in many ways. First, it too is a De-SPAC play that seeks to take advantage of an incredibly small float on an over-shorted stock. Similar to IRNT, the stock has an insanely low float due to lockups and redemptions, has a high redemption percentage, has very high call volume, very high short interest, and very few shares left to borrow - making it another perfect setup. Additionally, similar to IRNT, the underlying stock is one that analysts and institutions believe has high potential, so even if a run up does not happen, the stock will probably be good to hold long term. To be fair, this setup is not as good as IRNT was. IRNT had the exact same setup except every metric that I just discussed was more extreme with IRNT. Despite this, the stock still presents an extremely good opportunity especially if it starts seeing high trading volumes. Therefore, RKLY presents an IRNT like opportunity that has yet to be discovered by retail making it a play that could possibly net huge gains.
As as a SPAC, the float was 17,250,000. After de-SPACing, there were 15,492,850 redemptions, which represents 89.9% of the float. For reference, IRNT was 92.3%. Therefore, the new float of RKLY (when considering lockups and redemptions) is 1,757,150, which makes sense given its volatility recently. For reference, IRNT's float is 1,321,111. The SI is 915,221. When it was a SPAC, this was absolutely minuscule, however, because of the low float due to lockups and redemptions, this stock has a SI of 52.09%. Again, considering this stock has yet to be discovered by retail, these numbers are absolutely phenomenal.
The reason that these De-SPAC plays have been so successful recently is because many believe that the SPAC bubble has popped. Because of this, redemptions on SPACs are getting higher and higher. When a De-SPAC company has extremely high redemptions, the float is temporarily minuscule because other shares are restricted because of the lockup period. Stocks in this situation are particularly susceptible to squeezes because of the low float. This low float period, however, ends once the lockup period is over and shares can be sold (this is why De-SPAC companies usually go down when this period ends. Thankfully, like most SPACs, RKLY's lockup is 180 days after the merger date. For RKLY, the merger date was August 11th, 2021 per the 8k form. Thankfully, this means that the float will remain minuscule for the next few months.
The reason that IRNT sky rocketed was because it was a low float stock with a high short interest, few shares to borrow, and HIGH call open interest compared to the float. When retail poured into the stock buying calls and shares it forced market makers to delta hedge which is why we saw the stock move so aggressively last week. Here, I will explain why RKLY's option activity presents the exact same opportunity.
The call OI is 36,718, which represents 209% of the float again putting the stock in the same situation as IRNT where the stock has a low float, is over-shorted, and has an abnormally high call OI to float percentage. Additionally, almost all of these calls are in the ATM or near the money options expiring on October 25. As expiry gets closer and the price increases, this will force delta hedging which could cause a similar situation as IRNT.
Another similarity between IRNT and RKLY is the short interest and borrowable shares. When a stock has a low float, the price can move up very quickly. When a low float stock is heavily shorted, a rapid move can cause covering (not forced covering), which will lead to further increases in price. When prices increase rapidly, more options become ITM, so market makers have to delta hedge, which causes the stock to go up even more. This is what we saw with IRNT and is what RKLY has the potential to do as well.
Additionally, Fintel and iBorrowdesk are consistently reporting numbers consistent with a potential short squeeze. Both are reporting consistently less than 100,000 shares available to borrow and have recently reported less than 100 shares able to be borrowed. The borrow fee has been above 60 for the past month and is now hovering around 90%.
Volume and Price action
Unlike IRNT, this stock has been completely under the radar with extremely low volume and almost no interest from retail. Thus, this is an IRNT opportunity that hasn't yet been harped on by WSB. The rapid price action, however, gives credence to the idea that the low float will allow the stock to move rapidly.
How Wallstreet feels about it
To put it lightly, Wallstreet feels VERY good about this stock and sees a major upside in it. First, this chart from WSJ shows RKLY is consistently rated as overweight and buy
Additionally, even the low price target implies almost 50% upside.
Bank of America also just initiated coverage of RKLY and has given it a price target of $14, which again implies significant upside potential to the stock. So, unlike most squeeze plays but similar to IRNT, the underlying company is a fundamentally good company that may present a long-term position opportunity.
Finally, RKLY's market cap is only about 1.1 B, so it cannot be posted on WSB. If the stock gets back up to its $16 highs, it will be able to be posted on WSB, which could propel it FAR further because of increased retail interest.
Conclusion My thesis is that RKLY presents an opportunity extremely similar to IRNT but has yet to be discovered by retail. RKLY it is a recently De-SPAC company with unusually high redemptions, which, combined with lockups, has made the float incredibly small. Additionally, the stock has extremely high short interest, very few borrowable shares, and VERY high call OI. All of these things, similar to IRNT, present a gamma squeeze opportunity especially as options expiry nears in the coming weeks. Finally, again similar to IRNT, the stock has great upside potential according to Wallstreet analysts.
Finally, I would ask that you focus on the substance of my argument in this post rather than attempting to attack my credibility. I saw a lot of that in my IRNT post and... well, that clearly didn't go so well for those people.
Think I'm retarded? That's fair. Doubt me again? Miss the gains. Choice is yours.
**None of this is financial advice. These types of plays are extremely risky and you could suffer serious losses. Consult a financial advisor and do your own research before making financial decisions*\*
submitted by josh34521 to SqueezePlays [link] [comments]
2021.09.20 19:40 thelittlestjune Advice for semi-finishing our 1925 basement?
2021.09.20 19:40 BuddhaArt_yt Éste es nuestro verdadero padre 😎
|submitted by BuddhaArt_yt to BeelcitosMemes [link] [comments]|
2021.09.20 19:40 lrod75 Friendly Army Clan Castle
In my opinion, we should have a customizable clan castle in our Friendly Army. It sucks when you are trying to practice one army and constanly have the need to request different troops for FCs and a seperate one for your main trophy attacks.
What do you all think? Or is there any food reason why this wouldnt be a thing, cause I dont see one...
submitted by lrod75 to ClashOfClans [link] [comments]
2021.09.20 19:40 Suspicious-Wallaby12 Nano-Work-Server is a docker container available for it?
If I want to easily host Nano-Work-Server in a container management service (AWS Fargate, Google Cloud Run) then I would want a pre-built docker image. Does the docker image exist already?
Is containerisation even possible? OpenCL is dependent on host machine's GPU so would docker containers be machine independent in this case?
I really hope V23 comes out quickly so that we can get rid of this annoying hiccup once and for all.
submitted by Suspicious-Wallaby12 to nanocurrency [link] [comments]
2021.09.20 19:40 RandomlyGenerate5 What are reasons Biden is opening the border for illegal migrants and middle east refugees but keeping the border closed for Canadians and Mexicans?
2021.09.20 19:40 Frosty_Answer2303 Cursed Dani 2.0
|submitted by Frosty_Answer2303 to DaniDev [link] [comments]|
2021.09.20 19:40 artistjohnemmett PDF, Neo: Fine Artist 21st Century Art Portfolio, John Emmett
|submitted by artistjohnemmett to FreeEBOOKS [link] [comments]|
2021.09.20 19:40 Akeno-Himejima Where is WEM Entrance 32? (My Voting Station)
2021.09.20 19:40 Anxious_Wash6349 Please review our dropshipping store.
Hello everyone, we are very new to dropshipping and wanted some feedback/comments on our store. We are selling organizing products and trying to make storage more aesthetically pleasing. Anything is appreciated and thank y’all so much! https://organized-ish.com
submitted by Anxious_Wash6349 to Dropshipping_Guide [link] [comments]
2021.09.20 19:40 channelchek PDS Biotech Achieves Safety Requirement Milestone For the First 12 Patients in the VERSATILE-002 Phase 2 Combination Trial of PDS0101-KEYTRUDA® in Advanced Head and Neck Cancer
PDS Biotechnology announced its VERSATILE-002 Phase 2 study for the treatment of advanced human papillomavirus (HPV16)-associated head and neck cancer achieved its preliminary safety benchmark in its first 12 patients
Intraday Updates from Channelchek
submitted by channelchek to SmallCapMicroCap [link] [comments]
2021.09.20 19:40 kamalkishor1991 I need some help and advice on how to market my side projects?
I have few side projects but I am not good with marketting. Is anyone here gone through the same phase? Any advice on how should I go about it? Just want to talk to some expert to understand the basics and ask questions. Please comment/DM if want to help me out. I can provide help with development or graphics design etc if required.
submitted by kamalkishor1991 to SideProject [link] [comments]
2021.09.20 19:40 Late-Glove1414 ..
|submitted by Late-Glove1414 to MenTy [link] [comments]|
2021.09.20 19:40 Mediocre_Jeweler_671 Name a Kanye Song and I'll predict when you'll leave this sub
|submitted by Mediocre_Jeweler_671 to Kanye [link] [comments]|
2021.09.20 19:40 user5141 Is my cockatiel molting or is it something else?
My cockatiel recently lost 3 tail feathers within 3 or 4 days, and when he cleans his feathers there’s always one that comes out. He is a little over one year old. Is that considered molting? Or is it something else?
submitted by user5141 to cockatiel [link] [comments]
2021.09.20 19:40 SarahGiveaway memory foam pillow...Price: $38.24 free for amazon USA product testers Interested people DM me
|submitted by SarahGiveaway to AmazonReviewClub [link] [comments]|
2021.09.20 19:40 Drone2Address #drone #droneimages Mavic Air 2s first flight
2021.09.20 19:40 ibeenachamp 🐀s
Tay 600 Face 600 Trey5 Oblock Man 051 Aero FBG Butta THF BruhBruh 051 Montana 051 Rocko T.Roy and Eli allegedly told on K.I MadMax frm Nolimit Billy Black Makado600 RondoNumba911
submitted by ibeenachamp to Chiraqology [link] [comments]
2021.09.20 19:40 Shamoodle-Official Cat in the mother fucking hat
|submitted by Shamoodle-Official to meme [link] [comments]|
2021.09.20 19:40 Changed_Person_2 Hypno content
2021.09.20 19:40 bittzbittz22 HMFT after I use my mouth to spit gasoline
|submitted by bittzbittz22 to holdmyfeedingtube [link] [comments]|
2021.09.20 19:40 SynBad97 Team build- my best 90+ pulls from rivals, SB, champs and coin packs
|submitted by SynBad97 to NHLHUT [link] [comments]|