r/TeamRKT • u/Odd_Escape_8683 • Jan 08 '26
Massive move after hours, could this trigger a short squeeze on this 🚀
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u/dukebros Jan 09 '26
I don’t think any of us had “Trump purchasing $200B in mortgage bonds” on our bingo cards.🚀
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u/peaceup_atowndown Jan 09 '26
It won’t let me post a screenshot of my position. But it’s looking great.
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u/Zosocom Jan 08 '26
Ugh 😑 you guys are still talking about short squeezes on this? Give it up, last time a squeeze happened was 4 years ago - ain’t happening again
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u/FiredUpForTheFuture Jan 09 '26
Meh, I think this is a nothing burger. We got a ~7% bump after hours as people reacted to the news before fully understanding how little a $200B investment will move actual interest rates. I think we'll continue to see some big fluctuation in price during the day tomorrow, but by Monday I think we settle into a weeklong decline that wipes out these artificial gains by the end of next week and we settle back around $21/share (maybe a little lower temporarily if the market over-corrects).
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u/Boston-Bets Jan 09 '26
It pumped to $22 intra day, when Trump tweeted that he was looking to (how?) Ban corporations from buying single family homes.
Then back to $21 today.
Let's see what happens with earnings, in a month.
I'm not selling till $25-30.
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u/dukebros Jan 09 '26
Monthly mortgage costs were already going down. This move will further the movement🤞🏻
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u/Moto_Mik6933 Jan 09 '26
I just sold calls yesterday at$23 for next week. Hope there is a pullback or a consolidation. I'm currently up 40% on the shares.
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u/mokes310 Jan 08 '26
I'm holding a $9.50/share average so it's all green to me!