chartmojo
Short

lockup expiration coming in June

NYSE:SQ   SQUARE INC
222 21 8
7 months ago
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.
7 months ago
Comment: 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..
7 months ago
Comment: nice what..3% drop out of the gate...not bad...ck the Puts!
7 months ago
Comment: 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
7 months ago
Comment: 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
7 months ago
Comment: 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...
7 months ago
Comment: 13 was penetrated..
7 months ago
Comment: MAY 17th...LOCKUP EXPIRATION
7 months ago
Comment: Earnings later..Dorsey to be on cnbc...will probably point out the growth..will be interesting....
7 months ago
Comment: Dropped right to 11 after earnings..well hello market....
7 months ago
Comment: down 20% premarket....sweet
7 months ago
Comment: 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.
6 months ago
Comment: They are coming out of the woodwork to downgrade this one..ah ..where were they 2-3 weeks ago?
6 months ago
Comment: The expiration is tomorrow...downgrades and cautions by pundits from multiple sources now
5 months ago
Comment: 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
chartmojo PRO
7 months ago
Correction: Lockup expiration will be May 15th.
27,000,000 share ipo priced 11/19/15 at $9 for $243,000,000 pretty good sized.. problem is that there read at one source there may be another 295.9 million shares that could theoretically be dropped in the market after May 17 as well, will have to ck further into that.. if so, a big prob.
Reply
G13Man
7 months ago
thought i already commented , do not see it
so +1 for idea ,
and my chart
green line = IPO open ,,
purple line IPO = end of day hi
orange line is up trend start from its lowest
up trend orange where i would expect to see the most support after the IPO support line
snapshot
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G13Man G13Man
7 months ago
MFI [money flow already turned down
MACD already turned down and has not officially turned back up but looks like it is close
,but will disregard MACD at it present state
snapshot

last highest hi 4/12 = looks like some might have thought expiration was in April
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chartmojo PRO G13Man
7 months ago
Thx for the additional info!
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G13Man chartmojo
7 months ago
what , no +1 from you for an idea u like ,
how do i take my + off of ur chart ?
. sarcasm .
yellow line , but it was a neat notice wasn't it
that's why we do better as a group
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BobVanders
7 months ago
thanks for sharing, interesting
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Helpful info thanks. I shared this on stocktwits hope you don't mind. Let me know and I can take it off.
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chartmojo PRO Market_Psychology
7 months ago
thats fine
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chartmojo PRO Market_Psychology
7 months ago
hard to see the future..but the fact is big overhang is coming that needs to resolve..be absorbed..underwriters and big share holders can play games..but in the end there will be multiple decent trades in there...
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chartmojo PRO chartmojo
7 months ago
thx G man..I'm such an opening 1 min range trader everyday..it makes a alot of sense to put in the opening day range on an IPO...for the longer term charts
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G13Man chartmojo
7 months ago
i started using green line for IPO open a while ago ,
but this sucker had a high IPO end of day , so had to mark it also
[ guess purple might be the new second line for IPOs ]
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chartmojo PRO
7 months ago
Depending on what source you read...lockup coming on May 17
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chartmojo PRO
7 months ago
"SQ offered just 27 million shares of Square stock to the market on its IPO. The problem is that there are another 295.9 million shares that could theoretically be dumped in the market after May 17 of next year..." Brian Nichols Dec 3, 2015
+1 Reply
G13Man chartmojo
7 months ago
guess we will have to keep this open for a year , lol
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chartmojo PRO G13Man
7 months ago
the article was written in 15 I'm thinking they were referring to this month
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chartmojo PRO chartmojo
7 months ago
I like those little obscure articles and stealth things that maybe folks don't pick up on ..like the additional extra huge shares that were involved in the Baba IPO.
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chartmojo PRO chartmojo
7 months ago
Sometimes they do a regular 6 month lockup expiration and everyone thinks that's it, but but then there is a much bigger one like a year later that folks overlook ..or they forget about. Sometimes the underwriters and board can change the usual 6 months..its not always set in stone...but shareholders tend to think it is..they move it up..and traders get caught off guard,
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G13Man chartmojo
7 months ago
yup , i have seen a few with several separate lock-up expirations , spanning even years
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G13Man
7 months ago
busy with a new news letter . should have done SQ instead
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chartmojo PRO G13Man
7 months ago
Already dropped below the first uptrend line...cool hype runners = toast
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G13Man
7 months ago

snapshot


nice , did u sell any yet ?
Reply
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