We're all here for the money. There is enough for everyone. Don't be a dick.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I did not realize this. Interesting.
One important feature that's against a short seller... if he gets a margin call (an order to cover his short sale) he cannot place an order to buy the stock at a specific price, it must be a market order. Thus the rocket ship to the moon. So if you intend to buy more stock, he who hesitates is lost!
Well, I have been accumulating since I started on here. Probably not as much as you, but enough to make a tidy sum when this takes off.
Looks like he has been trying to walk it down this afternoon. Hopefully someone starts buying to thwart his efforts.
Thanks for your (and everyone else) help. I'll by you an anonymous beer when this rockets. lol
Thanks for being the voice of reason Lofdog.
Give it time. Stock is acting strong. Short is acting weak. Smart buyers will come when time is right. Maybe they want a little buffer in time or pps? We shall see.
I for one am happy with the price movement. The rest will come in due time IMOP.
Insinuation that people had investors who were able to come in when this was over $5?
Where are they now?
HOW LONG DO SHORTS HAVE TO COVER?
https://www.investopedia.com/ask/answers/05/shortsaleclosed.asp
Well took a small position anyways just in case....
"If a tree falls in the woods and no one hears it, does it make a noise?"
Thanks Lofdog. Sounds like FNGR is a winning proposition with or without the short.
https://pennystocks.news/fingermotion-hits-new-multi-month-high-what-now-fngr/
Well I guess, we will see. I put in GTC's at $40, $50, $60 and $70. I would be bummed if it went to triple digits and I didn't take advantage, although as someone said, pigs get fat, hogs get eaten. lol
Yes, that was me. At least you realize it.
You never know. Too many factors. Mine, and what I’ve advised all my friends is to have them all over. Always make a sale is how I was taught. And I was taught by one of the best.
You can always jump in and change them.
But should always have orders out. If guy folds and gets “bought in” this thing could spike while you are taking a dump.
And yes I have a short fuse. Lol. I think you are the one who said that.
So by that thought process this thing will jump into three figures?
Guess I should rethink my GTC orders.
Guess it had to close above $5?
It had been above $5 several times and they never came in, which left me wondering.
Many brokerage houses restrict clients from purchasing any stock trading below 5. Now that FNGR has closed above 5 this clears the way for those restricted to purchase FNGR.
The only thing better is 110%
Turn the dial up to 11. We are the loudest rock band ever! No one has an amp that goes to 11!
Question: is 100% buy good?
Thanks in advance...$5.01 close. Shorty not sleeping comfy this loooong weekend
FingerMotion Bar Chart.
https://www.barchart.com/stocks/quotes/FNGR/opinion
Will we close over $5 this Friday afternoon?
Rumor has it that a big block desk has millions to cover and this should squeeze soon.
Has anyone else heard that? Thinking about taking a position.
Nice first post King.
But did you mean Soaring Eagle?
He seems knowledgeable... but perhaps has a short fuse?
Of all the people on this board the most knowledgeable is flyingeagle. If anyone knows anything about FNGR he's your source. I'll bet my crown on that!
Not sure you can believe the short count. There is nothing to close the loop to say they haven't covered any from everything I have seen and read. You can make that assumption, but you know what happens when you ASS-U-ME.
Adding up all naked short sales is great... they add up to 1.6M. But where is the proof none of those have covered? Still haven't seen that. So that number may be off quite a bit.
I do feel this could be solid investment even without the squeeze. There profit is high on the information that they gleen from Chinese consumers and no one has heard about FNGR yet. Once more investors come in, it will jump. Hopefully they hire a PR firm or something to get the word out about them. It will just take longer than a short squeeze is all.
Yeah I follow those guys. They keep crying the same stuff. Something seems fishy.
I guess he is saying the short may be some "Investment Club"
Hate to be part of that club, if it is true. Could you imagine being the guy who instigated this? Rest of the club will tar and feather him.
I guess only time will tell who is right. I am not going anywhere.
I agree with Ham. If this was a big time short he would let it run a bit then short it harder higher. This little piker knows that a close over $5 means bye bye game over thanks for playing...IMOP
According to Ham27 they don't want it to close up because big dogs will come in and buy and the short has no chance of covering ever.
I don't know who to believe.
Notice how they wouldn’t let it close over $5.
A true short wants to sell it higher and buy it back lower not the other way around.
I am wondering myself. Only time will tell.
If you are following $FNGR on twitter, then people there said, over $5 they have people coming in to buy. What happened there today? It was over $5 for awhile. Not just some blip. Where were they? I think these are the same guys who are saying short squeeze too.
Although, squeeze or not, this is still only going up long term. Once the news gets out about what it really is.
Still not buying this short story.
Everyone holding their breath for a breakout over $5 that lasts.
Big dogs ready to pounce once that happens. It will be game over from what I understand.
But hey, what do I know?
We are in breakout mode and it’s silent here. I like it.
Calm before the REAL storm
$Fngr
Not sure who this guy is, but he seems to know what is going on.
https://twitter.com/g_ham27
Thanks Nfixus... I can answer that question...
"To the moon Alice, to the moon!"
FingerMotion Hits New Multi-Month High
https://pennystocks.news/fingermotion-hits-new-multi-month-high-what-now-fngr/
I posted on a couple of breakout boards on Ihub to garner some more interest.
It appears HAM27 on Twitter and Savage39Trader follow each other closely and have said if we get above $5 they have pro's who can buy in. That will move it up to the point that the naked shares will have to be covered and there will be no turning back.
Take a look at $FNGR
Stock is at $4.80.
Naked shorted to the tune of $2.50 Average. With 1.6M shares shorted.
Float on the stock is 1.9M.
Short will be forced to cover in the next day or two.
Worth a look.
You need to look at $FNGR.
1.6M Naked Short with 1.9M float.
Naked short average buy is $2.50 Stock is at 4.80. He is going to get a call to cover at any time.
That's the facts Jack.
Whoo-Hoo!
Huge order up, 17,500 @ $4.70
Excellent. Hope the buying continues.
$16k was purchased in the last 3 mins. If it was a paint job it was with a industrial spray gun.
Nice finish at the close.
When does this guy get a margin call? It sounds like he underwater big time already.
Lmao. Good point.
Pigs get fat hogs get slaughtered.
I was thinking something similar. But with 1.6M shares short against a 1.9M float, I am wondering if I am leaving money on the table?
HAM27 Twitter post....
$FNGR buy dips sell rips there will be PLENTY,, always have a GTC orders in a MUST
Boom! Me too!
Hoping for an epic run!
Savage39Trader on Twitter says short is using NITE today.
People are getting the word on the short squeeze.
We never see this much volume this early. Apparently somebody knows news is on the way.
Gap up to $4.35 this morning?
Let's hope so.
Even though you can't trade FNGR on Webull, someone there is aware of the short squeeze. News is getting out.
I have read some of the posts on here and the DD posts, but I haven't seen anything that gives me an idea of the potential PPS. (forgive me if I missed it).
The time frame on this should be soon?
Thanks in advance.
Thanks for this... this is really crazy!
Why wouldn't we just short stocks instead? Seems like we are on the wrong side to make really big money.
https://www.youtube.com/watch?v=JKc0KQvvfWE
Watch this video and the subsequent one. This whole series is good but #5 and 6 described the short in this ticker to a T.
Short Squeeze gets us to $25, $35, $55?? Then major a news run leading up to the 29th. How high do we go on fundamentals???
Should be fun because the only way out for the short is to buy and he is short around $2 and did you see what a little buying pressure did on Friday? Even if he ONLY has 500k to cover that’s a ton of shares on something that trades 10-15k per day. He’s trapped and his broker will buy him out at some point with a market order and boom.
The 50 & 250 share attempted mark down to $3.23 or so from $4+ near close on Friday was comical and shows the shorts desperation to keep his margin call down. I mean what long would sell a stock down .80 from its last print with momentum on the buy side?? Only a trapped rat naked short.
A buyer smacked it hard into close. It was fun to watch. He didn’t expect that on a Friday when most sell for beer money or are on the golf course already.
This week and month will be fun. Kodk or SPI type move is very possible IMOP soon enough.
Well, when they are naked, they aren't backed up by actual shares, right? So statistics wouldn't play into it.
Although I don't agree that just adding up all the short sells for the last while is an accurate measurement as there is no record of covering that you can balance against it. In other words, you are assuming with all the buys that there is never any covering. Which doesn't close the loop for me.
Of course if someone can show my limited knowledge of how they see buys that cover naked shorts, I would love to know how come by that information.
I’m pretty sure it’s almost statistically impossible for there to be that many shares shorted- but I’m sure there is a significant short interest...
I also think we will have some very good news this month that sees buyers finally realize the gem that $FNGR is, and the spike should be significant!
With a float of 1,904,753 shares.
And a short of 1,600,000 shares.
This could easily hit triple digits easily...
All we need is buyers to drive the PPS up.
If I had a nickle for every time I heard that story, I wouldn't need to invest in the market. lol
We've heard that story before. But today looked good
Sweet! Thanks. Hope it is true.
Rumor of news Monday