I took a picture of a combat medic in my unit
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πŸ‘€︎ u/jeremyastevens
πŸ“…︎ Feb 03
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You might not care but I got a picture with Charles Duke, the youngest man to ever walk on the moon
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πŸ“…︎ Feb 07
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Which of you retards made me almost crash to get this picture on my Nashville commute? AMC TO THE MOOOOOON!!11!1!1!1!1!! πŸš€
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πŸ‘€︎ u/bobert_the_wise
πŸ“…︎ Feb 05
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Even Reddit CEO/founder (u/spez) changed his profile picture to Diamond Hands baby
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πŸ‘€︎ u/keenfeed
πŸ“…︎ Feb 02
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Adam Schiff says mistake to presume Americans have full picture on Capitol riot incitement newsweek.com/adam-schiff-…
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πŸ‘€︎ u/BannerBearer
πŸ“…︎ Feb 07
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1st picture was the peak of my opiate addiction. 2nd is a recent of one of me healthy and sober.
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πŸ‘€︎ u/iamananimal28
πŸ“…︎ Jan 24
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To make a cute panorama picture
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πŸ‘€︎ u/Comrade_Vodka
πŸ“…︎ Feb 04
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Picture of my mother and me in 1971. My dad was in Vietnam and she hadn’t heard from him in months when this picture was taken
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πŸ“…︎ Feb 04
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1st picture was the peak of my depression. 2nd is a recent one after almost an year of medication and self care.
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πŸ“…︎ Jan 24
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My Grandmother in 1970 and today. She was 30 in the first picture, and she is 81 now.
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πŸ‘€︎ u/Arazos93
πŸ“…︎ Feb 02
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4 generations in one picture.
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πŸ‘€︎ u/xackpot
πŸ“…︎ Feb 08
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This picture shows blues musician Daryl Davis shaking the hand of a Ku Klux Klan member. He befriended multiple Klan members and many of them disavowed the KKK. β€œHow can you hate me when you don’t know me?” is one of the famous quotes of Davis. He truly showed that love is the best answer for hate.
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πŸ‘€︎ u/IamWayTooThick
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Was taking a walk this morning and noticed my neighbor’s mug. Asked him if I could take a picture
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πŸ‘€︎ u/StarksTwins
πŸ“…︎ Jan 05
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The man shown in Nancy Pelosiβ€˜s office stole her mail, made it out safely and posed for a picture.
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πŸ‘€︎ u/DaFunkJunkie
πŸ“…︎ Jan 07
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LPT: When you buy a house, be sure to save pictures of the interior design before the sale is over. You can recreate the β€œstaging” that the realtors paid for to make the house look cozy.

Houses are often professionally β€œstaged”, meaning a company will come in and make the house look as cozy and livable as possible using rented props. None of it will be there when you buy the house, but you can recreate the look from the pictures and get free interior design designed to maximize the house’s appeal.

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πŸ‘€︎ u/soulkz
πŸ“…︎ Jan 30
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A recent picture I shot, using a backyard solar telescope, reveals the twisted detail of the Sun’s magnetic field. [OC]
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πŸ‘€︎ u/TheVastReaches
πŸ“…︎ Jan 17
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Doc Rivers: β€œI will say it, because I don’t think a lot of people want to. Can you imagine today, if those were all black people storming the Capitol, and what would have happened? That, to me, is a picture that’s worth a thousand words for all of us to see.”

Tim Bontemps NBA writer for ESPN

Doc Rivers on today’s events: β€œI will say it, because I don’t think a lot of people want to. Can you imagine today, if those were all black people storming the Capitol, and what would have happened? That, to me, is a picture that’s worth a thousand words for all of us to see.” Image

https://twitter.com/TimBontemps/status/1346945956936343554

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πŸ‘€︎ u/BigBet0
πŸ“…︎ Jan 06
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Gamestop Big Picture: The Short Singularity Pt 3 - WTF edition

Disclaimer: I am not a financial advisor. This entire post represents my personal views and opinions, and should not be taken as financial advice (or advice of any kind whatsoever). I encourage you to do your own research, take anything I write with a grain of salt, and hold me accountable for any mistakes you may catch. Also, full disclosure, I hold a net long position in GME, but my cost basis is very low (average ~$67--I have to admit, the drop today was too tasty so my cost basis went up from yesterday)/share with my later buys averaged in), and I'm using money I can absolutely lose. My capital at risk and tolerance for risk generally is likely substantially different than yours. In this post I will go a little further and speculate more than I'd normally do in a post due to the questions I've been getting, so fair warning, some of it might be very wrong. I suspect we'll learn some of the truth years from now when some investigative journalist writes a book about it.

Thank you everyone for the comments and questions on the first and second post on this topic.

Today was a study in the power of fear, courage, and the levers you can pull when you wield billions of dollars...

Woops, excuse me. I'm sorry hedge fund guys... I meant trillions of dollars--I just briefly forget you control not just your own but a lot of other peoples' money too for a moment there.

Also, for people still trading this on market-based rationale (as I am), it was a good day to measure the conviction behind your thesis. I like to think I have conviction, but in case you are somehow not yet familiar with the legend of DFV, you need to see these posts (fair warning, nsfw, and some may be offended/triggered by the crude language). The last two posts might be impressive, but you should follow it in chronological order and pay attention to the evolution of sentiment in the comments to experience true enlightenment.

Anyway, I apologize, but this post will be very long--there's just a lot to unpack.

Pre-Market

Disclaimer: given yesterday's pre-market action I didn't even pay attention to the screen until near retail pre-market. I'm less confident in my ability to read what's going on in a historical chart vs the feel I ge

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πŸ‘€︎ u/jn_ku
πŸ“…︎ Jan 29
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If you angrily masturbate to a picture of another guys money and jizz in your mouth, you've committed all 7 deadly sins
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πŸ“…︎ Feb 06
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Here is a picture of this asshole.
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πŸ‘€︎ u/HattoriHanzo983
πŸ“…︎ Jan 03
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In arabic we have 13 different styles of handwriting (i think we have more though). In this picture the sentence "by the name of Allah the most merciful" is written 13 times with different handwritings.
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πŸ‘€︎ u/Limp_Emu_1472
πŸ“…︎ Feb 07
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Gourd was taken in as an old stray and was THE BEST boy. He passed peacefully in my arms today and I need people to see some of my favorite pictures of him. reddit.com/gallery/l9j8qx
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πŸ“…︎ Jan 31
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Bathroom at my dentist has a picture of the bathroom at my dentist hanging on the wall.
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πŸ‘€︎ u/pinkholey
πŸ“…︎ Jan 07
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Before color sensitive films,,Sergey Prokudin-Gorsky,who documented the Russian Empire with a color camera,used to take 3 individual black&white photos,each with a filter(red.green.blue) to create high-quality pictures in full colo..This is a color photograph of him.(1912)
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πŸ‘€︎ u/Wsda10
πŸ“…︎ Feb 02
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The incredible photo captures the moment an orangutan reached out to help a conservationist who appeared to be stuck in a river. The picture was taken in a conservation forest area in Borneo as the man searched for snakes in the river to protect apes living in the area.
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πŸ‘€︎ u/THECUTEKITTYCAT
πŸ“…︎ Dec 30 2020
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Poseidon appears during storm Justine in France, picture from Mathieu Rivrin.
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A picture of the current president of the United States of America.
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Picture of lightning bolt while flying in a plane
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πŸ“…︎ Feb 01
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This my Doge, Every $.10 we hit I will post a picture of him getting a treat. He’s gonna be a fat Doge lol. Raise your paw if you want to see him get treats every $.10!
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πŸ‘€︎ u/DogeCoinIsLife13
πŸ“…︎ Feb 07
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The result of a passing car while I was taking a panoramic picture. Quite unexpected for me, I scratched my head when I first saw it!
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πŸ‘€︎ u/jos3lin
πŸ“…︎ Feb 08
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I found this picture in my gandpa's attic!
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πŸ‘€︎ u/Smookesh
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The most bad ass picture of a secret service agent I’ve ever seen
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πŸ‘€︎ u/thenewyorkgod
πŸ“…︎ Jan 14
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These pictures were taken at the same restaurant, but about 2 years apart. He’s lost 90lbs and I’ve lost 135lbs. We wanted to be healthy so we could grow old gracefully together, and be around as long as possible for our kids. So grateful for this journey with my best friend!
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My dad sent me a picture this morning and said β€œit finally happened”
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I took a picture of the ball of a pen loosing ink while rolling over paper.
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Picture of Dr. Dre 1st day out the hospital
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A picture of an Australian student on his way to college, 2011
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Picture of a brave African American soldier during Vietnam War, 1969
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πŸ“…︎ Jan 20
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The love of my life, Tessie, passed away Saturday night. I just want for as many people as possible to know how special she was and how she made the world a better place (please read details in comments and scroll through at all the pictures if you have the time) reddit.com/gallery/l0qh9q
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πŸ‘€︎ u/tonykrap1202
πŸ“…︎ Jan 19
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Lifting the Hood: Shocking Stories of Abu Ghraib Prisoners (2007) - As the 'hooded man' in the infamous Abu Ghraib pictures, Haj Ali became an icon of everything that was wrong with the US occupation. He tells his story and we hear from other prisoners. [00:26:20] youtube.com/watch?v=MQ0x5…
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I asked the artists of r/Teenagers to collab with me and draw themselves (or their OCs) in this class picture! reddit.com/gallery/l6uhrf
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Imagine standing up after taking this picture...
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Unexplained Pictures of KSI (Swipe) reddit.com/gallery/laxdto
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πŸ”₯ The clearest picture of the sun from NASA
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πŸ“…︎ Feb 07
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Please enjoy some more pictures of my cat’s faces when the dog wants his attention v.redd.it/s4k25vw70j961
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Gamestop Big Picture: The Short Singularity

Disclaimer: I am not a financial advisor. This entire post represents my personal views and opinions, and should not be taken as financial advice (or advice of any kind whatsoever). I encourage you to do your own research, take anything I write with a grain of salt, and hold me accountable for any mistakes you may catch.

There are numerous posts on this sub and others diving into the technical guts behind some of the recent moves behind GME, so I will keep it high level for everyone scratching their heads wondering what's going on.

There has been much talk on CNBC and in other financial media calling what's happening in GME a distortion of the market and an unjustifiable departure from the fundamentals. That is undeniably true. That being said, the distortion is not what's playing out now, but rather what happened about 1.5 years ago when short interest in GME first began to approach (and later exceed) 100% of the available float.

Short selling is usually a tool that aids in price discovery, but like most market mechanisms, at the extremes things get more complicated.

Short sellers, having borrowed shares, are guaranteed (indeed obligated) future buyers of the stock. They put themselves in that position on the thesis that there are reasons to expect the stock price to go down, such that when they buy the shares back they can return what they borrowed at a lower price and pocket the difference. As such, as short interest grows, there is a short term downard push on the price (the initial sale of the borrowed shares), but also future upside pull on the stock price as a natural result, kind of like gravity, but pulling the price upward. Normally that pressure is so slight and subtle that short interest in and of itself should not be a mover of the stock price.

That being said, a common rule of thumb is that you should start to concern yourself with that pressure when short interest crosses the threshold of between 20% and 25% of the effective float (shares actually available to trade). At that level and above, the pressure starts to become noticeable, kind of like the moon causing currents and tides.

GME short interest was recently 140% of the float. In recent days, short interest has actually continued to accumulate (I'll explain why later).

There is, in effect, a critical mass of short interest hanging over GME's price exerting not subtle pull, but face-ripping force like the gravity of a black hole. A short singularity, if you will.

Previous

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πŸ‘€︎ u/jn_ku
πŸ“…︎ Jan 26
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Gamestop Big Picture: Market Mechanics

Disclaimer: I am not a financial advisor. This entire post represents my personal views and opinions, and should not be taken as financial advice (or advice of any kind whatsoever). I encourage you to do your own research, take anything I write with a grain of salt, and hold me accountable for any mistakes you may catch. Also, full disclosure, I hold a net long position in GME, but my cost basis is very low, and I'm using money I can absolutely lose. My capital at risk and tolerance for risk generally is likely substantially different than yours.

Rather than doing a writeup of Friday, I think the time I have at the moment would be better spent going over some conceptual market mechanics. As I mentioned in my previous post that covered some light analysis of the week, my first glance was that Friday was a low conviction, low volume day where momentum traders/and volatility arbitraging HFT algos were skirmishing, and a slightly deeper look tells me that's probably the case for almost the entire day, up to the last minutes before close.

There was a bit of a push toward the end of the day just to extract maximum interest charge pain. Keep in mind also that on Friday many of the retail brokerages still had issues with GME, and GME price was also protected from aggressive short-side attack due to the uptick rule.

Capital Flow, Liquid Float, and Price

Ok, so let's go with a diagram I put together while thinking about how to best answer a ton of questions related to the mechanics behind triggering a squeeze. This is not very formal--just conceptual to help you think about the relationship between price, liquid free float, and capital required to move things around.

Capital Flow to Price Volatility Leverage Conceptual Diagram

As you can see in the diagram, I figured it would be conceptually clearest to model the relationship kind of like a seesaw.

On the left you can see that people selling tends to increase liquid float, moving the fulcrum of our conceptual seesaw to the right, except in the case of selling to people who are planning to buy and hold, which moves the fulcrum to the left.

The lower the liquid free float, or the further to the left the fulcrum goes, the greater the likely impact of any particular capital flow (net selling or buying) on share price. Importantly, as the diagrams on the right half show, it's not a linear relationship. The closer the liquid free float comes to 0%, the faster the price vo

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πŸ‘€︎ u/jn_ku
πŸ“…︎ Jan 31
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Gamestop Big Picture: Theory, Strategy, Reality

Disclaimer: I am not a financial advisor. This entire post represents my personal views and opinions, and should not be taken as financial advice (or advice of any kind whatsoever). I encourage you to do your own research, take anything I write with a grain of salt, and hold me accountable for any mistakes you may catch. Also, full disclosure, I hold a net long position in GME, but my cost basis is very low, and I'm using money I can absolutely lose. My capital at risk and tolerance for risk generally is likely substantially different than yours.

Before I get into Monday's action, a couple of things:

I wanted to first give a shout out to /u/piddlesthethug for capturing this screenshot, which shows that moment in time I referenced in my third Gamestop post, where some poor soul got sniped while sweeping the 29 January 115 calls. I added it into the post with an edit, but my guess is most who read the post a while back would have missed it. I guess my mental math in the moment was off as you can see from the image that the cost was actually just shy of $500k rather than $440k as I wrote in the post. Brutal.

People have also asked me where I stand on this trade. I was lucky to get in early, trade some momentum, and retain a sizeable core holding (relative to my play account). As I've mentioned some comments, my core holding, which I will hold until this saga plays itself out, would buy me a new car, all cash. Though after today I'd have to downgrade from a lower end Lexus to a Corolla lol.

Alright, so, today's action.

I have to admit that I was just glancing at the chart between writing emails, working on excel spreadsheets, conference calls, and meetings. Whenever I could, I was listening to CNBC in the background, and taking a closer look whenever I heard anything that might move sentiment, or theoretically telegraph an attack as had happened so many times last week.

In my opinion the price action played out almost by-the-numbers according to a squeeze campaign strategy as I laid out in my previous post. I want to be clear, however, that while it was consistent with what I laid out (liquidity drying up, trying to skirmish at lower and lower price points), you could reasonably interpret it other ways. As I mentioned in at least one comment, seeing things play out in a manner consistent with your expectat

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πŸ‘€︎ u/jn_ku
πŸ“…︎ Feb 02
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Gamestop Big Picture: Technical Recap - 1/25 - 1/29

Disclaimer: I am not a financial advisor. This entire post represents my personal views and opinions, and should not be taken as financial advice (or advice of any kind whatsoever). I encourage you to do your own research, take anything I write with a grain of salt, and hold me accountable for any mistakes you may catch. Also, full disclosure, I hold a net long position in GME, but my cost basis is very low, and I'm using money I can absolutely lose. My capital at risk and tolerance for risk generally is likely substantially different than yours.

Wow, what a week. All I'll say on that for now. I'll maybe do a recap of Friday at some point this weekend if I can.

For this post, rather than a narrative recap, I'll go into some very light technical analysis on a couple of screenshots from TD Ameritrade Thinkorswim and Ortex. I don't have a lot of time to go very deep into everything I normally do, but I wanted to give the newer traders an example of how I go about coming to some of my conclusions.

Some of the conclusions I came to in the heat of the moment in my previous posts may also not stand up to more rigorous scrutiny of the data. In my opinion, at least, it's very important to ensure that you go back and review any of your high conviction trades from time to time. Please feel free to use the charts I'll show to challenge some of the assumptions I may have made and written about while watching the live ticker tape action, social media, and other high-frequency sentiment indicators (things I might rely on for a hyper-realtime momentum monster trade like GME has been this past week). Maybe use them to challenge your own thoughts and assumptions as well.

I realized while doing this that writing those prior articles probably cost me ~$300k in momentum trade opportunity LOL, since I used all of my free non-trading hour time to write instead of do an even more in-depth version of what I'm going to show you now. That being said, if that writing helped any of you understand what was going on, and ultimately progress on your way to becoming better traders and investors, that to me is well worth it--maybe one day you too can pay it forward!

If any of you reading this are chart jockeys, please share some tips if you have them.

First, the charts (links since pics aren't allowed on this sub)

  1. Ortex Short Interest Data
  2. Daily Summary of the Week
  3. [1/26/2021 Mini Squeeze Hourly](
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