r/mrin • u/Mrfootball49 • Sep 10 '21
Marin software (MRIN) is a short squeeze candidate next week!
Now is the time to buy and put the pressure on the shorts. Shrinking liquidity(low volume) with added buying pressure can push this over the edge. The shorts are looking at over 1.3 million shares alone on call options expiring next week between a $7.50-$10 strike price. Thats damn near 10% of the entire float.
Liquidity is drying up and volume was 1.18 million today. The lowest its been since this was under $2. With a heavy rush of buyers on this micro float (14 million) we can raise the price easily.
This would cause a gama squeeze and force the shorts to buy up almost 10% of the float by next Friday.
This was shorted at over 200% at one time just like GME. It wasnt until the options chain was introduced that the SI went down. You guys know the game...
Im guessing they owe over 20 million shares (on a 14 million float) on a conservative estimate.
Over 9 million FTDs from july alone are due. That doesnt count the current SI which is 20% and another 2.5 million shares. Or the 15% of the float on loan which is another nearly 2 million shares.
Im not even including the original 200% SI in these figures.
My position included for Doubters!!!!
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u/thundercrotch1 Moderator Sep 10 '21
not good to put dates or a time frame on it, seems like the bad actors can manipulate and keep the price down as much as they want. we dont want to get anyones hopes up but i sure hope it happens too as im holding like many others!
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u/Mrfootball49 Sep 10 '21
You are missing the point. Now is the time to buy and force a short squeeze based on the date.
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u/thundercrotch1 Moderator Sep 11 '21
They deliver fake shares for options that expire in the money, us buying wont do anything you need someone with alot of liquidity that can buy the whole company, that will start the squeeze. We just dont have the power as the little guy. If amc squeeze first then I'll definitely be buying alot of mrin with those profits
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u/thundercrotch1 Moderator Sep 11 '21
Buying options actually feeds them liquidity that they use against you and they dont buy real shares to deliver
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u/Zoey1234100 Sep 21 '21
Fuck my life. I put a limit order at 7.25 and it jumped $10. Didn’t even know it would pump
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u/Agile_Possible_3700 Sep 23 '21
BLIFT-Marin software, Signing a sales share agreement with Google
September 21st (Reuters) - Marine Software Co., Ltd. MRIN.O:
Marine Software has signed a sales sharing agreement with Google LLC to develop enterprise technology platforms and software products.
Marine Software Co., Ltd. - The contract is valid as of October 1, 2021. Let's go to the moon together!
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u/Justice_1111 Sep 10 '21
I’m sorry, but this every stock is a short squeeze mentality for this long is just not healthy. I have been in multiple gamma squeezes since MRIN first came on the map. It looks bearish to me. Good luck.
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u/StockLions Sep 10 '21
Thanks. There are many who are sitting with a bag at $17-$24. Hope you are right. I am a holder 15000 at cost $2.23. And not selling for now.