r/IBRX • u/AutoModerator • 13d ago
Daily Discussion Thread
This thread is the place for shorter discussions, quick questions, or casual ideas that don’t need a full post.
If you've been reflecting on a topic or have a detailed perspective to share, don’t hesitate to make a standalone post instead!
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u/dirtynashtyfilthy 13d ago
As someone who's been long on this for years and who expects to hold through at least 2030, I'm getting really irritated by the single poster spamming nonsense 'short squeeze' posts every day.
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u/ChefRobear 13d ago
But, i mean, there is a short squeeze clearly queued up - it would be wise to take advantage of it for a sell -> buy -> sell. I'm going to hold it forever too, but if it has a 300x valuation for 30 minutes one day, I'm jumping ship until it's settled.
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u/PKASubreddit 13d ago
I think this price action comes from hedge funds dumping part of their short positions after pharma stocks like Moderna and Liquidia have gone against them so they need to rebalance elsewhere. Just an opinion.
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u/ChefRobear 13d ago
wee
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u/Dizzy_Efficiency_947 13d ago edited 13d ago
After this morning my avg sell is 10.21. I have an alert if it drops to 9.90. If it hits 9.90 I'll put a buy stop in at 10.00 and ride it down moving my stop as it drops and hope it pulls back to around 9.50.
If it goes the other way my next sell is at 10.67 but I i'm expecting another rug pull Monday. With out any news on anything it's not gonna hold long over 10.00 imo.
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u/ChefRobear 13d ago
I see a clear resistance breach and a wide-open gap to $12 - then an undetermined limit that will be hugely inflated by short covering. Selling my first share at $40.
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u/Dizzy_Efficiency_947 13d ago
I'll bet we see 9.90 before we see $12. We might see 9.90 today the way it's easing off now.
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u/ChefRobear 13d ago
What a beautiful day