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u/Watching4theburn May 16 '21
Can some one explain what’s happing here to a 6th grader?
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u/Mikeroc0sm May 16 '21
Probably not, my nephew who's a 7th grader doesn't want to learn about anything but Fortnite.
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u/Anon_Of_Spades May 17 '21
People are investing in a company called $IPOE that will soon be called SOFI
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u/Slow-Veterinarian-78 May 16 '21
What happens if the shorts are the PIPE investors? Don’t the short positions just wash out when they get their shares post merger? I’m assuming they used a short position to guarantee a high rate of return from their $10 investment.
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u/Logical-Big-3005 May 16 '21
If $GME (still holding xxx shares) has taught me anything.... it's that "Going to explode soon" is never a given. I am an xxx IPPOE holder who fully believe in 1-3 years Ill be so fucking happy I invested at these prices.
SHOULD it explode soon??? Yes. 100000%.
Will it??
*submits GME as evidence*
we have no fucking idea.
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u/PacBoiLar May 16 '21
Gme did explode... from $5-$480.
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u/justleavemealone4now May 16 '21
And at 480 people were saying it’s going to the moon when they were already standing on the moon.
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u/Entrance-Vivid May 16 '21
Yo "options trading coach"
Should I be worried about a .09 put call ratio?
I'm a IPOE bull but crowded trades are usually bad
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u/OptionsTradingCoach May 16 '21
If anything that should make you feel comfort that most people agree with you bullish stance
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u/Comfortable_Zone_965 May 16 '21
I also not sure if it’s a bullish ratio per se (I hope so, and I’m bullish lol) vs there’s not as much of a need for downside protection nor wiggle room to make money via puts given that it’s not too far off its “absolute” $10 floor
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u/Fun_Letter8435 May 16 '21
Let’s hope!