Shirts off when it clears $75 as Vanguard will recall it's 6m loaned shares so they can drive the price over $156 and get out from under at least part of their underwater position.
Not a play for the feint of heart, but longer dated calls and shares seem like the way to go, but seriously, who knows after the 2021 fiasco…I wouldn’t be surprised if every metric is manually overridden now in order to stave off any kind of repeat craziness. Best of luck Gherk.
I’ve been bagholding UPST since buying in at around $92-103 from January through April earlier this year, and have been averaging down to a cost basis of $65 currently with 80 shares. Think I’ll buy another 20 shares come Monday and see where it goes from there. I genuinely like the company and think their AI-driven lending model has potential to disrupt the industry given how antiquated FICO scores are.
So what is preventing shorts from applying even more downside than we're experiencing now? Can you think of any loopholes we're not taking into account?
Well done per usual. Always appreciate the time and effort of you and your team required to produce quality content. Compelling thesis. Seems all we need is more eyes on this. LFG!
I'm bag holding rev (not surprised), so I have less to spend on UpStart though it's less risky because it isn't going bankrupt. Gherk warns fun but risky.
They basically said that their model wasn’t designed with high inflation in mind and it doesn’t work as it should in the current environment. If you think that inflation is done then this might be a good play. But I really doubt it.
And what about the positions in your other accounts? This makes me look like a shit faced whale and in this crowd, I definitely don't own either part of that description.
Here we go again. from nopex to upfart. anything to hype up the tinfoils and keep discord subs/youtube viewers salivating with hopium. how’s fubo and rev doin
Shirts off at $40?
He wears multiple shirts now? Or are we all taking our shirts off at 40?
Shirts off when it clears $75 as Vanguard will recall it's 6m loaned shares so they can drive the price over $156 and get out from under at least part of their underwater position.
Pants down at $30
Can I take out a loan through upstart and yolo it into margined $500 leaps?
Hahahahah
I’m lit for this. Math checks out. LFG!
A week stuck with my family and I'm lit anyway.
Bussin fr fr
You forgot the Friday 400 share tease sqwart
Got the juices flowing a bit, got me thru the weekend.
Lets fucking go!
Very good. I’m in.
I would tell any serious investor to go listen to the last earnings call q&a and tell me these guys don’t know what they are doing.
They also said they wouldn’t need to do any dilution in the future. 🚀
Meaning they do know what they are doing?
As the kids say, LESSGOO
Let's fuckin gooo!
Just when I think you couldn’t possibly be any dumber, you go and do something like this… and totally redeem yourself!
So you're saying there's a chance?
$510 gang
Return of the Mack 🚀🚀🚀🚀
For the last trading day we had (Friday), am I the only one who sees a minute candle with a wick that goes all the way to $20?
Nope that's real. 400 share order on CHX.
You guys are degenerate as hell.
Good shit. Up, up, and away indeed!
"this asshole didn't know" lol
Lfg!
Does Ole know his shit!? Why did some goofball buy almost a million shares!?
https://en.wikipedia.org/wiki/Ole_Andreas_Halvorsen?wprov=sfla1
Fuck yeah UPST to the moon🌝
Might be a money maker.....Who knows.
I am in 2k shares $32 average
When did you get in? You selling covered calls ?
Good shit as always gherk. Looking forward to seeing what happens in the not to distant future
Yeah, i Will what It with a bag of popcorn 😄
Not a play for the feint of heart, but longer dated calls and shares seem like the way to go, but seriously, who knows after the 2021 fiasco…I wouldn’t be surprised if every metric is manually overridden now in order to stave off any kind of repeat craziness. Best of luck Gherk.
The thing is they too make bunch of money during such concourse of circumstances… Godspeed 🫂
Yeah, might be good....might be bad. I'm just gonna check It out later.
Awesome analysis, fingers crossed:)
Don't rules on share buy back change Jan 1?
They do
I hate looking at your positions big dilly style! Reminds me of how poor I am. Pineapple pizza rules!
Praise be to Lady Vwap.
How hard could this squart? Are we talking about gme Jan'21 numbers -350-400/share. Can't wait until the degens in WSB go full port on OTM calls
I’ve been bagholding UPST since buying in at around $92-103 from January through April earlier this year, and have been averaging down to a cost basis of $65 currently with 80 shares. Think I’ll buy another 20 shares come Monday and see where it goes from there. I genuinely like the company and think their AI-driven lending model has potential to disrupt the industry given how antiquated FICO scores are.
The potential is pretty huge but the road to get there is long.
GG
So what is preventing shorts from applying even more downside than we're experiencing now? Can you think of any loopholes we're not taking into account?
As Gherk says in the post:
I feel like this is covered in the short trap section.
Well done per usual. Always appreciate the time and effort of you and your team required to produce quality content. Compelling thesis. Seems all we need is more eyes on this. LFG!
I'm bag holding rev (not surprised), so I have less to spend on UpStart though it's less risky because it isn't going bankrupt. Gherk warns fun but risky.
Are you ready to Rumble!!!!!!
You son of a bitch, I'm in!
I’m in and buckledthefuckup.
As always great DD. Thanks Gherk 😘
She's primed. Been picking up calls and shares for a week now.
They basically said that their model wasn’t designed with high inflation in mind and it doesn’t work as it should in the current environment. If you think that inflation is done then this might be a good play. But I really doubt it.
Well, in the short run there is this situation with stacking obligations and RegSho...
The UPST hate in the GME discord is so bullish
Bussin
‘Can’t’ or ‘Won’t’?!?!
You rock Gherk! Thanks for the time you put into this post. Always educating us poors. Thanks bunches 🙏!!
aye aye sir. puts on poplin tailored shirts and more calls on UPST!
And what about the positions in your other accounts? This makes me look like a shit faced whale and in this crowd, I definitely don't own either part of that description.
I like UPST’s potentials!
Great post. The real question though is... How the fuck did this get deleted off of WSB?
I’m in got some Jan options wHen it hit $18
Same Today I got 100 Jan20’s. These clowns seem pretty much Fuk’d
This could run to $500 where most people would buy in, then drop back to 50, a new sub called
*
not selling until phone number
Let's ride these calls to Valhalla!
Do you have upst in other accounts? I thought you had over 10k shares
I do I was just posting that one because it already public and the whole positions or ban thing on WSB.
"I can't fuck everyone's wife."
Great DD Gherk! Jan calls and shares LFG!!
My man!
Good shit bud, thanks for the dedication and patience with all us poors!
You should also post this in WSB if you haven't already
He did. It was deleted.
I own upstart because I like the company, the squeeze is just a bonus
👍
Praise be
Fuck it, IM IN🙌🏻
Gherk is the man! Never doubt this dudes dedication. Big thanks as always to Gherk and friends for sharing the real news!! Again and again
What happened to rev?
Delisted
Lol I’m tempted.
Not everything is a winner. Welcome to the stock market.
But..... What do they DO?
Sorry you’re breaking up … my house is going through a tunnel…
He just told you Zoolander
Humongous oof
That's a weird fucking flex
Here we go again. from nopex to upfart. anything to hype up the tinfoils and keep discord subs/youtube viewers salivating with hopium. how’s fubo and rev doin
Idk where else to post this but wtf! The options chain just went friggin nuts right after close.
can you elaborate on that? crazy good or bad?
Let’s goooo
GARBAGE
No u
Rev 2.0
UPST same like REV?
Check out Paysafe PSFE, another payment processing company with a new ceo which had an earnings beat in q3 '22 and will crush q4 '22