Caleb Utt : It's a reverse gamma squeeze for the high put ratio expiring the 19th and making sure we look good for the G7 Summit since the Nikkei has been on a tear 🫠 sometimes thinking TOO MUCH is also bad.

Caleb Utt : Bad guidance

Caleb Utt : Break down. There is about to be a big liquidity pull this week

Caleb Utt : The stock is still at an almost 2 year low. There are so many mechanics in the market people follow 3, 4 maybe 5 or 6 mechanics and think they have it figured out but the reality is if you want to be that predictive you have to understand the algos.

Caleb Utt melon101 : Nope look at the date on it. This was a scam to dump. The date on the offering is 8/6

Caleb Utt : You gotta stop trying to time squeezes by options expiring days. They literally know that and play the same game. To prevent options from closing they started to cover shorts in BIMI at 4AM this morning, 45% run before opening and knocking it back down. It sets expectations that are never met.

Caleb Utt Zeepzap : The stock will do well regardless. All of this shorting that took over is related to COVID and inflation. With the economy halting during the pandemic the play for institutions to make money became shorting small cap stocks. That's why it's so bad now compared to years past.

Caleb Utt The Dark_Knight OP : They do but with the parents already set in stone they have a clear path to double digits by next year earnings. Of course we can get there sooner with a squeeze but just on principle it can climb a lot more

Caleb Utt Zeepzap : Nothing. Either the options are in the money and MMs have to pay out or they're out of the money and all of them expire worthless

Caleb Utt : Options expire Friday but can be exercised or sold any time. Most of the $5 options were hedged when this slightly broke over 5 the last few days

Caleb Utt : Large institutions took positions in it, large enough that it had to be reported. Bullish.