Replies to post #13854 on Shot Spirits Corporation (fka SSPT)

[Cassandra]

Flipping is the death of the so called "squeeze" we are supposed to see.

There may not be a heavy short position in SSPTD with a resulting short squeeze bounce -- it's always been based on speculation that some have tried to compare to other stocks.

There is no real evidence of a substantial short position and trading pattens the last 3 market days seem contrary to that theory. Trading data appear to support the concept that some people are selling outright or flipping this stock, some possibly flipping multiple times a day.

It's probably the flippers who are making money on SSPTD rather than than those holding out for a MOASS or at least a significant gain. Sellers may be selling as the stock has never had this kind of interest, whic may not last. Because the company has nothing fundamentally to make it a good long term investment, when the interest dies, the share price is likely to drop.

Also, if those with pre R/S SSPT shares become able to sell, the selling pressure they could create would also indicate a decreasing share price in the future.

Some food for thought to challenge the assumptions and beliefs by those who are holding out for an anticipated short squeeze:

Do you believe claims that shorts have to cover just because it is proclaimed here ad naseum?

Do you blindly accept that there is something significant about the date of record for shareholders to be eligible for the GRBG dividend or the date the D comes off the ticker as some sort of events that will cause shorts (that may not even exist) to cover?

Consider the success rate of the claims that a short squeeze was going to happen:

On Thursday, the forum was screaming that the MOASS was going to happen on Friday. It didn't happen and the price actually declined.

After market on Friday and all weekend long, the forum was proclaiming that Monday would certainly be the day shorts would cover and SSPTD holders become wealthy. It didn't happen.

After market yesterday, the forum assured everyone that Tuesday (today) was the day the stock would take off. It didn't happen.

So now, the forum is advising people to keep holding because the shorts will have to cover by the end of the week.

All the while, flippers were busy buying and selling and taking profits. The more people buy and hold the more opportunity for flippers to flip.

It seems a lot of people have been drawn to this stock and forum who aren't experienced momo traders (based upon the questions being asked). This kind of momo best played by those who understand the underlying dynamics and could care less what is posted on the forum. They constantly reassess the market and take action accordingly. They spend more time on level 2 than reading a forum.

It can be very hazardous financially to buy and hold a momo play like SSPTD. As everyone always says, so you own DD. However due diligence is not an assessment of a possible gain, but an assessment of the risks.

[Crazy Money]

then get your original investment out ...

good advice for people not day trading or that just want to be safe ;-) already done... thanks! ... and I will not be slapping the asks no matter what anyone posts ... weeeeeeeeeee