Short Squeeze Candidate...If anyone has some extra dough

[Chulke]

Just a stock ticker that's getting beat down right now with Very aggressive Naked Shorts and shorting...

Ortex and Fintel data shows that this stock (as of yesterday) has approx. 50% of it s free float short....

Its been on the SEC Reg Sho list for I believe a month...

Very small Float..only 26Mil shares available...


Its primed and ready to pop...Ticker symbol $ATER


Cheers!

[bloobs]

Alls i got left is a hundred bucks

[Chulke]

That'll get you about nearly 30 shares!


Cheers!

[Chulke]

Some DD:

https://nasdaqtrader.com/trader.aspx?id=RegSHOThreshold

Stock currently has over 11 Million shares short that expire most of which has to be delivered over the next week...If you look at the options chain on this....there are tons of contracts for next week in the chain ranging from $5-$22.50...

Cheers!

[Chulke]

This guy from Reddit has done the most DD on this stock…here’s his most recent post:

https://www.reddit.com/r/Shortsqueeze/c ... ame=iossmf

I’ve double checked all his data and it’s all spot on!


Cheers!

[Chulke]

The failure to deliver (FTD's) is unreal on this stock...just between Thursday and Friday alone the MM's, and/or Hedge Funds, and/or Brokers have to deliver as many as 3 Million shares....Guess who owns all those shares?

The Retail public!




Cheers!

[jimcasada]

$ATER rebounded to $3.28 earlier today, but now is coming down. I'm not familiar with with this company, and the short description l read left me even more confused. Is this a software or some kind of services organization? Other than being heavily over shorted, why do like this company?

[Chulke]

They are actually an online service and software company and they sell things online as well. I like them long term for the stuff they sell as well as their AIMEE software that has huge potential.

The short squeeze potential of this company is massive IMO...Its very obvious that money has flowed into the stock and is not flowing out, meaning there are no shares available to trade, by looking at the OBV indicator...It is currently sitting around $1.1Billion dollars

If you take that and divide it by the Free Float shares outstanding of 27 Million...it means the folks with skin in the game feel this company is worth at least $40 a share and we're only sitting at $2.96 a share right now? The numbers don't add up!


NFA...but this is easy money!


Cheers!

[bloobs]

$ATER rebounded to $3.28 earlier today, but now is coming down. I'm not familiar with with this company, and the short description l read left me even more confused. Is this a software or some kind of services organization? Other than being heavily over shorted, why do like this company?

my understanding is that short squeeze plays have little or nothing to do with the quality of the company (e.g. fundamental analysis) and are focused on taking advantage of trader price manipulation--nothing more.

[jimcasada]

Ok, so I bought 183 shares today, just for the heck of it. That's about all the cash I had open in my madmoney Ameritrade account. I don't see any mention of $ATER on swaggystocks.com, which usually keeps track of the WallStreetBets crowd. Guess I'll find out if it was a good bet or not?

[Chulke]

Wall Street bets is only concerned with Mega Corps with a market cap of $1 billion or more...That's why this one is flying under the radar....but this one does have it's own sub Reddit...


Cheers!

[bloobs]

Wall Street bets is only concerned with Mega Corps with a market cap of $1 billion or more...That's why this one is flying under the radar....but this one does have it's own sub Reddit...


Cheers!

just like playing roulette......russian roulette.

and yes, i bought some with money I would otherwise have wasted on amazon trinkets anyway

[Chulke]

Wall Street bets is only concerned with Mega Corps with a market cap of $1 billion or more...That's why this one is flying under the radar....but this one does have it's own sub Reddit...


Cheers!

just like playing roulette......russian roulette.

and yes, i bought some with money I would otherwise have wasted on amazon trinkets anyway

Congrats...at least you took a chance! I guess we'll see what happens!


Cheers!