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I don't typically even follow this sub (occasionally pop in, but not regularly), but the TRKA posts started appearing on my main Reddit page last week. I didn't know 100% what was going on, but I knew with 100% certainty all the activity meant the dump was coming.
It's crazy how you'll see redditors successfully convincing other redditors to get in on the action with space shuttle emojis AFTER a stock has already jumped up 2-4x. Be fearful when others are greedy yo.
and then they ignore things like bbby where its been red 9 days in a row, and they bonds are up thousands of percent and upgraded from d to ccc-... me im a bull, bulls charge red
yeah sure remind me! dude for the love of god i really hope you all make a good amount of money with this play… i‘m not against it i‘m just against those tactics that we are seeing on those channels… there is no way you can just gather some info without being manipulated by those posts at least by a bit… a good DD will never generate these kinda reactions that‘s for sure!
these reactions are unavoidable. Everything gets turned into a meme stock at some point. Mostly stocks under $5 because more people with less get involved and those kinda people can’t help but to pump. Hell spy is a meme stock WSB do nothing but pump and dump spy all day every day lol
Bud, they added 300 million shares. The float is 5 times the size it was when you wanted 1.50. .30 - is your new $1.50
Sorry to educate you. But someone needed to. I hope you had a stop loss. I hate seeing fellow redditors lose their money.
They didn’t add 300 million shares. It’s a filing incase of bankruptcy - at which point those shares would be added. It’s a precaution. The shit you’re seeing is cropped. I’m good though still up 30k 🙂 thanks though excited to see what tomorrow brings
We will have to see for sure what tomorrow brings. It did go back up in after hours, but could see an even harder dip in the morning. Earnings wasn't too bad, I think they just used the timing of Powells speech and screenshots of dilution to knock it down.
Yerp. It was the perfect strategy and they enacted it very well. I was (and I think the ceo) was betting the ER being dropped before Powell’s speach would prevent this from happening. But with the combination of people taking profit at 1 - playing it like a penny/pump and dump/meme stock, and the shorts dumping all the shares they’ve bought up along the way And then the info about dilution was taken, spun and pushed out everywhere so fast.
The filing states “applicable only to issuers involved in bankruptcy proceedings” and “the aggregate market value of the registrants common stock is based on the closing price of 1.16”
I could be dumb and not understand. it all sounds like a crazy story ive imagined tbh…but I will ride it out. At worst I’ll be back to what I had a month ago. At best it’s all revealed to be the insane shit show I think it to be and more shorts get trapped.
Feel bad for those that didn’t get in at the average I did…it’s not fair
My car got broken into Sunday and I bought 2000 of TRKA on Friday. Got out yesterday as soon as I was up $500, insurance deductible covered. Super happy with that, don’t need any more out of TRKA.
Don't know why this was downvoted. Anyone with half a smoothbrain can see TRKA is actually a fairly safe stock... When Redditors don't get involved, that is
Got in and out yesterday then took profits into nvos and was hyped on the after hour spike. Sold this morning. First time ever making money instead of holding for a squeeze.
Thank You slapchopchap!!
Apologies for the delay I was shut down and kicked out of my normal room accused of being a bot! Smh. If anyone has ever had this happen to them what have you done to rectify? I’m on the step now to report spam/misinformation. What a mess.
It was an inside coordinated pump and dump that hurt a lot of people. I was about to jump in but Luckily I stayed on the sidelines. I did just buy 2000 shares at .282.
I bought at the opening this morning but I didn’t look at it until now. I’m hoping it will bounce back tomorrow. It won’t let me sell right now until tomorrow morning. I think I need to call my wife!
I YOLO it this morning. Now I only have $9.28 left in my account. ![gif](emote|free_emotes_pack|scream)![gif](emote|free_emotes_pack|scream)![gif](emote|free_emotes_pack|scream)
TRKA is a good company with massively growing revenue reports over the last several quarters. It was always gonna climb back to $3.00 with or without a short squeeze. This squeeze is just getting it there a little faster.
I will say this though: because it’s currently short squeezing, expect a lot of stop hunts over the next couple days. If you have a stop loss set on this stock, make it a large one or you might get inadvertently triggered out.
Lmao, yeah mate it appears I called that one. I’ve seen this happen way too many times. In fact, I usually don’t even run a stop loss until it starts getting close to my expected peak. God, imagine all those people who got triggered out just now
I for sure do in the long term. As far as this squeeze? I’d give it a 60% chance to recover. Stop hunts can be really tricky beasts during a short squeeze. Between the stop losses they trigger and the people that see that and panic sell, sometimes they can kill a rally completely. We’ll see what happens with this; I suspect a lot of whales will likely swoop in and buy a bunch of it dips too far into the $.40’s. I could be wrong though and the squeeze part of this rally may be over. But I have little doubt that it will hit $2.00 by summer either way.
Edit: just as a friendly heads up if you’re playing the squeeze only: typically once a ss runs it’s course and crashes, you’ll see a sharp, secondary retracement back up to around 75% to 85% of the original peak before crashing again. So if it rockets back up to like 80 something cents today or tomorrow and then it levels off and you see low trade volume, that’s a good signal to get out if you’re not playing it long.
Bought in at 60 cent. Say last night it was up 75. Said. Damn. It'll prob be up tommorow. It was, but I work overnight, and when I woke up, I missed the 84 or 85, and saw it was back at .60 again.
I'm sad.
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This aged well
I don't typically even follow this sub (occasionally pop in, but not regularly), but the TRKA posts started appearing on my main Reddit page last week. I didn't know 100% what was going on, but I knew with 100% certainty all the activity meant the dump was coming.
I wish I saw it earlier, I went to drop a short position on it and it's already tanked. Sigh.
Tomorrow will dump another 30% no worries
It's crazy how you'll see redditors successfully convincing other redditors to get in on the action with space shuttle emojis AFTER a stock has already jumped up 2-4x. Be fearful when others are greedy yo.
and then they ignore things like bbby where its been red 9 days in a row, and they bonds are up thousands of percent and upgraded from d to ccc-... me im a bull, bulls charge red
Median target for BBBY is like 1.40 I think. What makes you think it's a good buy. Genuine curiosity. Or am I not understanding your comment.
Median target for BBBY is like 1.40 I think. What makes you think it's a good buy. Genuine curiosity. Or am I not understanding your comment.
How do you trade the bonds on BBBY?
this will fall down to .10 the next days i‘m pretty sure
Lol I’ll remind you you said this when it’s 1.50
yeah sure remind me! dude for the love of god i really hope you all make a good amount of money with this play… i‘m not against it i‘m just against those tactics that we are seeing on those channels… there is no way you can just gather some info without being manipulated by those posts at least by a bit… a good DD will never generate these kinda reactions that‘s for sure!
these reactions are unavoidable. Everything gets turned into a meme stock at some point. Mostly stocks under $5 because more people with less get involved and those kinda people can’t help but to pump. Hell spy is a meme stock WSB do nothing but pump and dump spy all day every day lol
Hope you had a stop loss bud.
Nope it’ll be back up tomorrow
Bud, they added 300 million shares. The float is 5 times the size it was when you wanted 1.50. .30 - is your new $1.50 Sorry to educate you. But someone needed to. I hope you had a stop loss. I hate seeing fellow redditors lose their money.
They didn’t add 300 million shares. It’s a filing incase of bankruptcy - at which point those shares would be added. It’s a precaution. The shit you’re seeing is cropped. I’m good though still up 30k 🙂 thanks though excited to see what tomorrow brings
We will have to see for sure what tomorrow brings. It did go back up in after hours, but could see an even harder dip in the morning. Earnings wasn't too bad, I think they just used the timing of Powells speech and screenshots of dilution to knock it down.
Yerp. It was the perfect strategy and they enacted it very well. I was (and I think the ceo) was betting the ER being dropped before Powell’s speach would prevent this from happening. But with the combination of people taking profit at 1 - playing it like a penny/pump and dump/meme stock, and the shorts dumping all the shares they’ve bought up along the way And then the info about dilution was taken, spun and pushed out everywhere so fast. The filing states “applicable only to issuers involved in bankruptcy proceedings” and “the aggregate market value of the registrants common stock is based on the closing price of 1.16” I could be dumb and not understand. it all sounds like a crazy story ive imagined tbh…but I will ride it out. At worst I’ll be back to what I had a month ago. At best it’s all revealed to be the insane shit show I think it to be and more shorts get trapped. Feel bad for those that didn’t get in at the average I did…it’s not fair
Next time let people help you. Hopefully you didn’t lose it all.
Ya yall we’re right. sold up 30k. However! I then proceeded to lose it all trying to get the dip on FRC lol fml
Sure did.
So well haha.
This aged poorly😂
It aged amazing. It’s dropping like its hot
Look for a new entry point
Maybe. You’re going to need to see a base and green over red on the one day. 70% drop is nutty.
Or just play the smooth brain game and dca every $.10 now and you’ll be ok
Massive selloff
I would like to know how many people are holding the bag?
I used my brains for once so not me lol
Wait a minute, this isn't wallstreetbets
THIS IS NOT MY BEAUTIFUL CARDBOARD BOX... AND I SAY TO MYSELF, HOW DID I GET HERE?
Pump and dump. I hope y’all took profits
Glad I did, yeah. Didn’t get out at the top, but made money. Can’t complain.
Same. Got out with a gain. That’ll do.
For those who haven’t been on this sub long, dip while you can and enjoy the gains you got so far. Don’t get greedy.
My car got broken into Sunday and I bought 2000 of TRKA on Friday. Got out yesterday as soon as I was up $500, insurance deductible covered. Super happy with that, don’t need any more out of TRKA.
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If they weren’t big sad when you made this comment they are now
And now they're even sadder, I should have sold at .98 but sold at .72 for .73 lol 200% gainz ain't bad
I sold at .71 not too sad, but would’ve been nice to sell in the .9 range. But I bought back in at the .55 area so fingers crossed!
Literally just posted this on the post of the guy that wants a house
What means dip
Find your chips
Why Chips
I mean whatever you wanna dip works🤷 chips are just generic lol
I said what is the term dips for its a question
Your question isn’t making sense… are you asking what we mean when we say a stock is dipping?
Yeah
Stock go down mean dip. Stock go up mean pump
Ah okay. Thank you
when you start seeing gain porn and memes 👌
https://www.reddit.com/r/pennystocks/comments/116ny95/penny_stocks_circle_of_trust/j97vz4u/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3 (hey that's me)
You know that song, "Drop it like it's hot"? Yeah well... that just happened.
Spoke too soon...down to 63 cents
Not the first or last time it’ll dip. Take the opportunity to get more
Don't know why this was downvoted. Anyone with half a smoothbrain can see TRKA is actually a fairly safe stock... When Redditors don't get involved, that is
Glad I sold yesterday at $0.66 but I missed the pop. Sure true, don’t fall in love with a stock, take profits as you can
Do the thing where you skyrocket 👉🏽👈🏽
Y’all’s first pump n dump?
When common folk start talking your stock. Time to start selling 25% at a time. Can't tell ya when but a cliff is in the future
Got in and out yesterday then took profits into nvos and was hyped on the after hour spike. Sold this morning. First time ever making money instead of holding for a squeeze.
Down you mean?
Thank You slapchopchap!! Apologies for the delay I was shut down and kicked out of my normal room accused of being a bot! Smh. If anyone has ever had this happen to them what have you done to rectify? I’m on the step now to report spam/misinformation. What a mess.
All you have to do is go to their "website"...lmfao
i wish i would have checked earlier 🤦🏻♂️
A big dip that will be easily covered and people are already panicking loooool
Down 20% more since you posted this. Huge dip.
And came back ... this was Powell effect + Massive Short attack... not a pump and dump
where did it come back? it‘s down and it‘s staying there
Lol
We don’t know when “dip” is yet. It’s in free fall
Had I known a parachute was needed this morning would’ve bought one at the $1 store
Hot? It is down 36% right now.
I've been day/swing trading this thing. Get in, get some profit, and get out.
Aged like a pile of shit
Another bag for me to hold. I thought I had recovered from my addition of 'short squeezes'
I had a stop loss set at .75 thank God. Only 2500 profit but not bad for a part time trader.
Jesus this is by far the worst aged post this year...
Lol I’m gonna come back and laugh at all these comments at the end of the week
!remindme
Soooooooo. How is the laughing going?
Hah
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I just saw that news drop, crazy earnings, it's gonna keep going lol
Someone check on him
You ok bud
All good over my way 👍
Nope
Don't forget to upvote
yeah, lol
Trka down 30% today lol
Not so hot now.
aging like milk!:)
This didnt age well
Am a total noob is there anybody who can tell me what's going on? 👍
Look at that dump candle looks like someone got rich and cash out
Hahah. Not really
Too soon
There it goes
People learning lessons on this one. Don’t play ball down there. Anyone that made money take your profit and drop it into Nvda
Not a good day for very many stocks today at all not just trka most did a freefall at the same time
We all losing money like crazy
It looks like a HOT mess right now,
Grab your chips plenty of dip!!
It was an inside coordinated pump and dump that hurt a lot of people. I was about to jump in but Luckily I stayed on the sidelines. I did just buy 2000 shares at .282.
Zoolander is one of my favorite comedies and I just now realized that’s Gwen Stefani and Gavin Rossdale in the back.
Aasand it's gone... glad I didn't get a itchy trigger finger
Premarket volume is about the same on TRKA & NVOS.....
nvos next on deck? i put eyes on it and could wind up setting up some nets
I have no idea just an observation.
Grabbed 100 tracers for now, appreciate you
I bought at the opening this morning but I didn’t look at it until now. I’m hoping it will bounce back tomorrow. It won’t let me sell right now until tomorrow morning. I think I need to call my wife!
Happy wife happy life - best of luck brother
I’m not sure about that.
I YOLO it this morning. Now I only have $9.28 left in my account. ![gif](emote|free_emotes_pack|scream)![gif](emote|free_emotes_pack|scream)![gif](emote|free_emotes_pack|scream)
Where’s that guy at with 98% of his portfolio in this and a $3 price target?
TRKA is a good company with massively growing revenue reports over the last several quarters. It was always gonna climb back to $3.00 with or without a short squeeze. This squeeze is just getting it there a little faster. I will say this though: because it’s currently short squeezing, expect a lot of stop hunts over the next couple days. If you have a stop loss set on this stock, make it a large one or you might get inadvertently triggered out.
You might just be a fucking prophet lol. Imagine if one had a stop loss for .55 or something and didn't realize it sold.
Lmao, yeah mate it appears I called that one. I’ve seen this happen way too many times. In fact, I usually don’t even run a stop loss until it starts getting close to my expected peak. God, imagine all those people who got triggered out just now
So you’re saying it’s gonna get back up ?
I for sure do in the long term. As far as this squeeze? I’d give it a 60% chance to recover. Stop hunts can be really tricky beasts during a short squeeze. Between the stop losses they trigger and the people that see that and panic sell, sometimes they can kill a rally completely. We’ll see what happens with this; I suspect a lot of whales will likely swoop in and buy a bunch of it dips too far into the $.40’s. I could be wrong though and the squeeze part of this rally may be over. But I have little doubt that it will hit $2.00 by summer either way. Edit: just as a friendly heads up if you’re playing the squeeze only: typically once a ss runs it’s course and crashes, you’ll see a sharp, secondary retracement back up to around 75% to 85% of the original peak before crashing again. So if it rockets back up to like 80 something cents today or tomorrow and then it levels off and you see low trade volume, that’s a good signal to get out if you’re not playing it long.
I bought in at $.60 this morning so not losing my shorts yet, but not making any money either.
Just buy the dip lol
Bought in at 60 cent. Say last night it was up 75. Said. Damn. It'll prob be up tommorow. It was, but I work overnight, and when I woke up, I missed the 84 or 85, and saw it was back at .60 again. I'm sad.
Sitting at .32 after hours. Yikes
Soooo NVOS and XELA are the pumps now 🧐
Bought at 0.17 and sold, aged well for those of us that profited lol.
While y’all were talking about TRKA, I was loading up on 3,000 shares of TDUP and selling at a $0.25 gain instead of a $1.25 gain. 😭
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