chartmojo

lockup expiration coming in June

Short
chartmojo Updated   
NYSE:SQ   Block, Inc.
This may be another "cool hype runner"...big lockup expiration coming in June ..Jack D runs this and TWTR and you know what happened to TWTR's stock price. Good product but Young insiders..negative earnings etc etc. If there's going to be selling into the lock up expiration it may have already begun. Worth trailing.
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Lockup Expiration coming on May 15th...not June. Short interest as of March 31 was 51% of the float..float was 14.21 mil so dang, it's already been discovered..I usually prefer a lower short %..but will trail it anyway..
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nice what..3% drop out of the gate...not bad...ck the Puts!
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Perhaps this pop..to resis cleared out some of the short interest...trailing it...seeing how it shapes up going into dillution.....lockup expiration..wish I could get up to the minute short interest info
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Watch that 13 support..will be important if it gets taken out...some of the shorts were flushed out on that last pop...overhang coming will be big
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Earnings on the 5th ..ck the whisper no's..for me the ideal would be a pop and drop all the way to lockup expiration..but will imagine different scenarios..take the one that confirms..and position myself for what could happen..position not predict...
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13 was penetrated..
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MAY 17th...LOCKUP EXPIRATION
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Earnings later..Dorsey to be on cnbc...will probably point out the growth..will be interesting....
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Dropped right to 11 after earnings..well hello market....
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down 20% premarket....sweet
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ANOTHER nice drop..sweet....since 9 was the IPO price is should get interesting around there. ..wonder what the IPO buyers are thinking as we get close...if it was me Ide of sold back near the high..I would not let it go negative without getting out...how about you? Those insiders and underwriters that are watching..unable to sell till the expiration..wonder how they are feeling. I would be nervous and heck and anxious to get out...but that is just me. Wish I could get up to the minute short interest info.
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They are coming out of the woodwork to downgrade this one..ah ..where were they 2-3 weeks ago?
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The expiration is tomorrow...downgrades and cautions by pundits from multiple sources now
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This you have to admit absolutely slayed it..not sure they can chew through that 8.75-9 support but if they do and the additional shares hit the market look out..more intrigued by gold/volatility plays up to and through the Brexit..the the Trump play which will be short Peso

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