AOBC is the next earnings gapper

[NYCSPITZ]

Multi year support levels. Earnings moves this puppy nice. Calls end of day weds gonna b real nice 200-300%++ at open imho

[NYCSPITZ]

Free money for y'all

[Diode]

Short volume percent for $AOBC was 59.48% on 06-10-19. Ran down to 8.

Then a pump to 9 today.

Dump is coming. Shorts don't get squeezed with that much short volume.

[~RustyGunZ~]

Aero who is right itt?

[Aero]

Aero who is right itt?

Either could be right but Diode is wrong in saying that shorts don't get squeezed with that much short volume. That's when they get squeezed the most bc multiple shorts have to cover.

The float on AOBC is high though and doesn't have enough volume for an entry for me.

[Blue Bayou]

No one knows if the stock is going to go up, or down.....least of all stock brokers

[Aero]

No one knows if the stock is going to go up, or down.....least of all stock brokers

Yea brokers don't care they get paid either way.

[NYCSPITZ]

2 million dollars before noon is good volume. All that shorting couldn't crack support around 8.2. Gonna be very bullish next week into thursday.

[Diode]

Either could be right but Diode is wrong in saying that shorts don't get squeezed with that much short volume. That's when they get squeezed the most bc multiple shorts have to cover.

The float on AOBC is high though and doesn't have enough volume for an entry for me.

With that float, how do you squeeze them?

I doubt they're naked shorts trading on margin for someone like Smith&Wesson.

[Aero]

With that float, how do you squeeze them?

I doubt they're naked shorts trading on margin for someone like Smith&Wesson.


True, the float is huge so you'd need massive volume for a squeeze which I don't see happening unless news is incredible.

[El Muffin]

Loool

[NYCSPITZ]

You're both forgetting institutional manipulation. You think shorts will stay parked there if there's info leaked that the company's gonna run a stock up on earnings? Not a chance...if anything they'll kill it end of day wednesday then run it up thursday before fomo executions take it down, albeit to a newer high.

[Ghost1]

Loool

lol wtf r u doing geeking in this thread

[Diode]

You're both forgetting institutional manipulation. You think shorts will stay parked there if there's info leaked that the company's gonna run a stock up on earnings? Not a chance...if anything they'll kill it end of day wednesday then run it up thursday before fomo executions take it down, albeit to a newer high.

earnings aren't what they used to be - particular because of shorts who are willing to park and manipulate things down regardless of meeting or beating estimates.

the conspiracy is on the sell side, not the buy side (outside of penny pump and dumps).

[NYCSPITZ]

earnings aren't what they used to be - particular because of shorts who are willing to park and manipulate things down regardless of meeting or beating estimates.

the conspiracy is on the sell side, not the buy side (outside of penny pump and dumps).

Generally you're right the conspiracy is on the sell side but I can almost guarantee Trump's gonna get us to all-time highs his ego needs to set a market record again. Tariffs gonna get settled and and we gonna see one last bull hurrah or two.

The market runs on things as tenuous as Trump's tweets why wouldn't earnings pop up aobc when the market is near all time highs and at multi year support? Come on now...it's not even about beating estimates here the chart is too strong unless earnings are a complete disaster it will gap up hard.

[Aero]

Generally you're right the conspiracy is on the sell side but I can almost guarantee Trump's gonna get us to all-time highs his ego needs to set a market record again. Tariffs gonna get settled and and we gonna see one last bull hurrah or two.

The market runs on things as tenuous as Trump's tweets why wouldn't earnings pop up aobc when the market is near all time highs and at multi year support? Come on now...it's not even about beating estimates here the chart is too strong unless earnings are a complete disaster it will gap up hard.


When is AOBC due to report earnings and do you foresee positive earnings? Diode is right in that earnings aren't what they used to be.

Shorters have the 50 day Moving Average at 9.28 they can begin to reject the stock at. A clear break above 9.28 and it would interest me but again this has a high float, is on a downtrend, and I don't know what to anticipate earnings to be.

[NYCSPITZ]

When is AOBC due to report earnings and do you foresee positive earnings? Diode is right in that earnings aren't what they used to be.

Shorters have the 50 day Moving Average at 9.28 they can begin to reject the stock at. A clear break above 9.28 and it would interest me but again this has a high float, is on a downtrend, and I don't know what to anticipate earnings to be.

I looked up a yahoo finance article and it seems earnings could be lukewarm. But based on chart it's gonna go hard up or down and I'm guessing up.

Speaking of software companies in diode's region since he does software in SC RHT is gonna massively shit the bed soon and puts will make you a small fortune if timed correctly

[NYCSPITZ]

9.28 lmfao you fucking serious that's light work nothing apocalyptic is coming and that means a gap up

[Aero]

9.28 lmfao you fucking serious that's light work nothing apocalyptic is coming and that means a gap up

LOL I'm almost positive it doesn't get past 9.28 at any point. When do they report earnings?

Also do you use Stocktwits?

[NYCSPITZ]

nah gonna sign up now

[Aero]

nah gonna sign up now


Cool get the app. It's twitter for stocks.

[Answer]

give me laymans without all the verbiage - what about the actual increase in demand for the products in the future and/or what changes has the company made that convinces you that their stock will double or triple?

(and/or what changes have happened in the last quarter that would convince you their earnings would justify such a gain)

[NYCSPITZ]

it's an options play for me so you leverage your buying power. 1 options contract is equal to 100 shares of stock, but you don't have to pay nearly as much as buying the stock. I am buying on overall market sentiment and chart not what you described above.

[NYCSPITZ]

DIS I missed puts on the double top at eod. FML should be easy money for a 2-3 dollar retrace tomorrow...maybe get some at open...

[NYCSPITZ]

Very nice ATH action. Nice. I will make thousands at open.

[Diode]

Very nice ATH action. Nice. I will make thousands at open.

get out premarket. this is likely to dump hard shortly after the bell. i know it beat earnings hence the AH pump but you know what follows shortly thereafter..

https://www.masslive.com/business/2019/06/smith-wesson-parent-american-outdoor-brands-reports-earnings-dip-calls-political-climate-challenging.html

[NYCSPITZ]

I'm out in the first minute. Easiest 100% I've ever made. 10 is a magnet it'll stay there for a little bit and allow me to dump. Q4 options are only sketchy bc fy guidance. It could re test 10.50 then dip

[NYCSPITZ]

9.99x10 pre market. I told u so ;). I will be flying to Colombia with a few buddies off these profits and buy an std infested Dime piece to celebrate.

[Diode]

9.99x10 pre market. I told u so ;). I will be flying to Colombia with a few buddies off these profits and buy an std infested Dime piece to celebrate.

It dumped right at open, as expected.

[Diode]

Aaand back under 9

[boof]

how bout dat beyond meat doeee lmao

[Answer]

It dumped right at open, as expected.

Spitz might not be able to afford the trip to Colombia but a flight to Dominican Republic is probably still on the table

[NYCSPITZ]

That shit opened barely green despite the huge gap up to 10. I got out slightly red. The implied volatility and bad earnings call killed it. CEO sounded like an AI voiceover of a senile dementia patient on the call what the fuck. He is rich so I don't get why he wasn't more excited I guess he had his fill of liquor and hairy pussy drug addict Woodstock Thots from the 1960s. I'm dead. Colombia will have to wait. My grandfather is 94 and a millionaire. Should I just wait and hope? He might bequeath me something. I'm done with options back to stocks. SMFH this should have gone differently whatever.

Yo bynd was crazy though I saw dudes turn 5Gs into 200k+ on that first gap up (in addition to rolling profits into other winners)

[boof]

yea i was waitin on it to open for weeks and then got caught up around the time it did :(((

[Geno]

Wish i knew what the fuck yall.were talking about. Smh