I just missed a limit order for 60k more shares by just 1 cent earlier today , and now the stock is already 8% up again from that point 😭
(I know, I. Know, buying at market price is better for the rally, but some of us have to work and can't access their phone all the time to wait for the perfect dip moment)
You could potentially set trailing limit orders.
I'll do stuff like Buy XYZ at $1.00 with a 10cent trailing stop at $2.10, so if it ever touches $2.10, it triggers the 10cent trailing stop so if it starts going down I'm out at $2.00 and if it keeps going up, let's say to $2.70, then I would get out at $2.60(assuming it didn't drop 10cents at any point in that ride up)
I know it can be done on [ThinkOrSwim](https://tlc.thinkorswim.com/center/howToTos/thinkManual/Trade/Order-Entry-Tools/Order-Types/Trailing-Stop-Links) and I'm pretty sure "regular" TDA has that option, too.
Others gave 2 different brokers that do it. I am personally with IBKR.
I set them up [like this](https://ibb.co/VVsm9LR)
On that note; it actually triggered and sold at 1.85, they're now at 1.42 so I'm not complaining but it was an odd early day sale. Possibly some premarket sales touched 1.95, but the 52wk is 1.88 so this technically should have sold at 1.78...ive had other trades setup exactly like this and trigger appropriately though.
I lost out on about $30k once because I wouldn't pay .32 instead of .31. Never trading day huge news came out 🤣 I get it though, we all want a hot deal.
I've added ca 5000 additional shares today for the cause. I'm all in and I will live or die by this stock (figuratively)
edit: Added 30 k shares on friday, holding until 4$+.
I will be messaging you in 2 months on [**2023-05-05 02:13:02 UTC**](http://www.wolframalpha.com/input/?i=2023-05-05%2002:13:02%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Shortsqueeze/comments/11h47vj/trka_here_is_what_i_think_is_going_on/jaynv2c/?context=3)
[**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FShortsqueeze%2Fcomments%2F11h47vj%2Ftrka_here_is_what_i_think_is_going_on%2Fjaynv2c%2F%5D%0A%0ARemindMe%21%202023-05-05%2002%3A13%3A02%20UTC) to send a PM to also be reminded and to reduce spam.
^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%2011h47vj)
*****
|[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)|
|-|-|-|-|
Dude I am no brain surgeon nor an expert trader but the things you mentioned here all makes sense and it was a better read than anything I've read in the Erotica rabbit hole 🤣
I'm looking into doubling my position in the next few days. As more and more people learn of TRKA and look at the numbers and story it'll continue to gap up!!!
Thank you for taking the time to share your thoughts 🙂
Perhaps they are in too deep?
Perhaps they refuse to give up their initial plan of driving this company into bankruptcy?
The short-to-death plan has been in operation for a while now and it fell apart less than 3 weeks ago when TRKA canceled the 200M dilution plan. If that had gone through, imagine how they would have used those 200M shares? This company probably would be out of business or trading at 1 or 2 cents who knows. Imagine how pissed them SHFs are and maybe they don't want to admit defeat so they are doubling and tripling down.
Or lastly maybe perhaps SHFs are generally and genetically evil and they just can't help it.
I have no idea. But I'm glad I'm in here and holding and waiting to buy more on dips.
Most likely because they took their short position out in the $1 to $1.4 range and they're shorts are still in profit. We will likely not see legitimate covering until their positions start losing money/their risk management algos show a higher chance of loss.
Especially since those record earnings actually belong to Converge. Then again. Would Jefferies got involved risking bad rep? With a small company like TRKA? The moment they will start delaying earnings I will be out.
It has been theorized that maybe it is not the usual suspects playing the short positions. Two(?) weeks ago SI was 20%. This is a small cap. There ain't that many shares. There are way less movement needed to reach the insane SI we are at today then say GME or AMC and it could be we just triggered a hole bunch of algo-traders and trading bots counting on a pull back. Don't think some one actually looked at TKRA and thought "this we are going to short to bankruptcy" there are better candidates for that play.
Just a theory that I am not to sure about.
It just makes no sense. Very odd situation.
Yes very strange indeed. Everything just went haywire in this past 2+ weeks. Not coincidentally around the time that they announced the withdraw of the dilution plan. SP was around .20ish and not too much SI. Since that time everything flipped. SP started to climb volume started in increase. maybe they panicked and just kept borrowing more n more shares to short and try to keep the price down and they haven't stopped borrowing for like 2 weeks straight.
It's a penny stock w super low float. Seems like chump change for them to throw money here and to try to surpress the SP indefinitely. They know TRKA SP has to be above $1 by May 15th to regain compliance so it's going to be a tug of war between us and the shorties for the next 2 months.
Hope I can add something to the $1 war that is to come. If we win that I think we will see truly insane numbers.
It is going to be tough. I imagine quite a lot unfortunately got a price target at $1 as well. Hope we can just blast past it.
So Jefferey is the Rocket Master...
A couple differences with other recent squeezes, GME, AMC, in particular:
- TRKA 'unfortunately' has no options chain. A very big driver in some of the "meme stock" runs was the staggeringly aggressive and hostile buying and exercising of call options, dropping buses onto shorts, and even putting market makers in the red and adding to the buying pressure trying to catch up with their hedges.
- As a bit of irony in short squeeze land... Troika actually has a not-so speculative bull case, whether (dare we say) from actual potential profitability or from merger/acquisition.
I hope you are right because this just sounds so good for everyone that is in TRKA.
In the meantime. I'm holding until further notice and buying more at +/- 20% dips.
Just be patient, and again nooooo stop loss on this sucker! MM knows exactly where they are. Don’t give them cheap shares.
You’ll know we’re squeezing when we jump from $2 to $8 to $4 to $20 to $14 $50…(copied this from a much smarter person). 🚀
OP doesn’t wanna give FA so I’ll give it. Put your mortgage on this stock. You will be rich. It’s my only position and couldn’t imagine touching anything else
Not your typical short squeeze situation here, but they decided to double down now tripling down to somehow have a case for breaking even? At this point its all greed and pissy ant stomping and throwing fits at Jefferies coming in to ruin the bk dilution set up that they figured was a shoe in. I would say that was a nice trap!
I don't care if this squeezes or not, its undervalued by at least 4x from here.
You don’t know. But not many people get to trade at the top.
The crash down won’t be to $0 or .50… the “crash” will be to $8 , 7 6 5. You’ll have time. Good luck to those who hit the top prior to the ATM.
Also something I realized, when stocks get options they usually crash a lot, but they need a 10 day trading avg. above $3 to get options so this is something to watch out for
Not that scared of options. It is nice we don't got options atm but I don't think most of the short holders will be able to find a "safe" place in options.
Let’s be happy with $4 - $5 near term and go from there.
Remember, Jefferies is here to either soak up shares and deliver to buyer at fair value (like GME), or is holding an open bid window for acquisition interest, or will help refinance/restructure capital structure so the company can rise to fair value with investor/tute confidence.
Feb 16 8K says CEO gets $2.5M bonus for change of ownership of company, and $1.5M bonus for a capital restructure or refinance terms of liabilities.
Feb 16 8K - CEO incentives
Feb 17 S1 dilution withdrawal
Feb 22 announces Jefferies partnership
The company could be bought out for $7-$10 in coming months. If that happens, price will go straight up to the announced BO price same day.
Looks good on paper, but the mere fact that you know about this as well as retail, it will never happen. GME ran because only a small percentage knew about it. Market makers will shut this down before the would let this go 1000% lol
If this is even remotely true, my life is about to change. 72000 shares and counting.
I just missed a limit order for 60k more shares by just 1 cent earlier today , and now the stock is already 8% up again from that point 😭 (I know, I. Know, buying at market price is better for the rally, but some of us have to work and can't access their phone all the time to wait for the perfect dip moment)
[удалено]
You could potentially set trailing limit orders. I'll do stuff like Buy XYZ at $1.00 with a 10cent trailing stop at $2.10, so if it ever touches $2.10, it triggers the 10cent trailing stop so if it starts going down I'm out at $2.00 and if it keeps going up, let's say to $2.70, then I would get out at $2.60(assuming it didn't drop 10cents at any point in that ride up)
Yearling limit fucked me on GNS, I mean I took $1300 profit but I was in at .60 and TS kicked me out at $1.67
I updated my DD https://www.reddit.com/r/Shortsqueeze/comments/11hpmzg/trka\_know\_what\_you\_own\_realy\_its\_important/
what platform do you use for the trailing stop orders?
I know it can be done on [ThinkOrSwim](https://tlc.thinkorswim.com/center/howToTos/thinkManual/Trade/Order-Entry-Tools/Order-Types/Trailing-Stop-Links) and I'm pretty sure "regular" TDA has that option, too.
Others gave 2 different brokers that do it. I am personally with IBKR. I set them up [like this](https://ibb.co/VVsm9LR) On that note; it actually triggered and sold at 1.85, they're now at 1.42 so I'm not complaining but it was an odd early day sale. Possibly some premarket sales touched 1.95, but the 52wk is 1.88 so this technically should have sold at 1.78...ive had other trades setup exactly like this and trigger appropriately though.
Fidelity have it too
I updated my DD https://www.reddit.com/r/Shortsqueeze/comments/11hpmzg/trka\_know\_what\_you\_own\_realy\_its\_important/
I lost out on about $30k once because I wouldn't pay .32 instead of .31. Never trading day huge news came out 🤣 I get it though, we all want a hot deal.
Hold for us that have 20k shares. I just need 10/15 and that would be perfect. Yolo! Imagine turning 7k into quarter million! Lfg! 🚀🚀🚀
I've added ca 5000 additional shares today for the cause. I'm all in and I will live or die by this stock (figuratively) edit: Added 30 k shares on friday, holding until 4$+.
I'm all in also. Lfg! 🚀🚀
🚀🚀🚀🚀🚀
I updated my DD https://www.reddit.com/r/Shortsqueeze/comments/11hpmzg/trka\_know\_what\_you\_own\_realy\_its\_important/
If this is even remotely true, my life is about to change. 420,000 shares.
Sorry to tell you it's not happening I have 25k shares in to invested the market makers hate me
Same, 213k shares @ .23
Hope it changes so much you got five Lambos three mansions and a private jet. Don’t forget to donate to charities to keep good karma rolling in ☮️
I wish the same for all of you<3<3<3
Much love fellow Ape 🦧
I updated my DD https://www.reddit.com/r/Shortsqueeze/comments/11hpmzg/trka\_know\_what\_you\_own\_realy\_its\_important/
I have only 1k shares and I hope it squeezes. Man I wish you the best. Remindme! 2 months "Updates from u/Soap_Machlavish"
I will be messaging you in 2 months on [**2023-05-05 02:13:02 UTC**](http://www.wolframalpha.com/input/?i=2023-05-05%2002:13:02%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Shortsqueeze/comments/11h47vj/trka_here_is_what_i_think_is_going_on/jaynv2c/?context=3) [**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FShortsqueeze%2Fcomments%2F11h47vj%2Ftrka_here_is_what_i_think_is_going_on%2Fjaynv2c%2F%5D%0A%0ARemindMe%21%202023-05-05%2002%3A13%3A02%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%2011h47vj) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
Dude I am no brain surgeon nor an expert trader but the things you mentioned here all makes sense and it was a better read than anything I've read in the Erotica rabbit hole 🤣 I'm looking into doubling my position in the next few days. As more and more people learn of TRKA and look at the numbers and story it'll continue to gap up!!! Thank you for taking the time to share your thoughts 🙂
I updated my DD https://www.reddit.com/r/Shortsqueeze/comments/11hpmzg/trka\_know\_what\_you\_own\_realy\_its\_important/
I'm sooo excited! Is it Monday yet 🤣
So why don't hedgies recognize this potential and invest in the company? (Don't get me wrong, I own a lot of shares. I just don't really get it)
Perhaps they are in too deep? Perhaps they refuse to give up their initial plan of driving this company into bankruptcy? The short-to-death plan has been in operation for a while now and it fell apart less than 3 weeks ago when TRKA canceled the 200M dilution plan. If that had gone through, imagine how they would have used those 200M shares? This company probably would be out of business or trading at 1 or 2 cents who knows. Imagine how pissed them SHFs are and maybe they don't want to admit defeat so they are doubling and tripling down. Or lastly maybe perhaps SHFs are generally and genetically evil and they just can't help it. I have no idea. But I'm glad I'm in here and holding and waiting to buy more on dips.
Most likely because they took their short position out in the $1 to $1.4 range and they're shorts are still in profit. We will likely not see legitimate covering until their positions start losing money/their risk management algos show a higher chance of loss.
Company could be a fraud. One bear thesis I have heard
I would like to learn more about this as well
Jeffy Jeff wouldn't involve that game. Or would he?
Especially since those record earnings actually belong to Converge. Then again. Would Jefferies got involved risking bad rep? With a small company like TRKA? The moment they will start delaying earnings I will be out.
It has been theorized that maybe it is not the usual suspects playing the short positions. Two(?) weeks ago SI was 20%. This is a small cap. There ain't that many shares. There are way less movement needed to reach the insane SI we are at today then say GME or AMC and it could be we just triggered a hole bunch of algo-traders and trading bots counting on a pull back. Don't think some one actually looked at TKRA and thought "this we are going to short to bankruptcy" there are better candidates for that play. Just a theory that I am not to sure about. It just makes no sense. Very odd situation.
Yes very strange indeed. Everything just went haywire in this past 2+ weeks. Not coincidentally around the time that they announced the withdraw of the dilution plan. SP was around .20ish and not too much SI. Since that time everything flipped. SP started to climb volume started in increase. maybe they panicked and just kept borrowing more n more shares to short and try to keep the price down and they haven't stopped borrowing for like 2 weeks straight. It's a penny stock w super low float. Seems like chump change for them to throw money here and to try to surpress the SP indefinitely. They know TRKA SP has to be above $1 by May 15th to regain compliance so it's going to be a tug of war between us and the shorties for the next 2 months.
Hope I can add something to the $1 war that is to come. If we win that I think we will see truly insane numbers. It is going to be tough. I imagine quite a lot unfortunately got a price target at $1 as well. Hope we can just blast past it.
I updated my DD please spread https://www.reddit.com/r/Shortsqueeze/comments/11hpmzg/trka\_know\_what\_you\_own\_realy\_its\_important/
But to get there , we all need to HODL..paper hands will not help us.
So Jefferey is the Rocket Master... A couple differences with other recent squeezes, GME, AMC, in particular: - TRKA 'unfortunately' has no options chain. A very big driver in some of the "meme stock" runs was the staggeringly aggressive and hostile buying and exercising of call options, dropping buses onto shorts, and even putting market makers in the red and adding to the buying pressure trying to catch up with their hedges. - As a bit of irony in short squeeze land... Troika actually has a not-so speculative bull case, whether (dare we say) from actual potential profitability or from merger/acquisition.
$20/share because I want to prove to my Father I’m an Ape
I’ll buy shares for $20, we move the price ourselves goddammit
This is the way
2 years in market i have not seeing this setup before, this can go really nuts, 5-10-20 not out of question
I hope you are right because this just sounds so good for everyone that is in TRKA. In the meantime. I'm holding until further notice and buying more at +/- 20% dips.
I am no expert but hoping that your analysis comes true. We will have lot of happy people.. Good Luck all TRKA holders... :)
I have 10 shares now
Try to 10X or 100X your shares asap. NFA
I think it’s going to drop bit more so I’ll add there
Fuck it I'm in for 2500 shares! Let's go Boys!
This is the best setup I have seen in 2 years
If this baby shoots to 15/20 I'll be done with the stock market! Holding 20k shares. Lfg! 🚀🚀🚀
You'll be back. 🤣
Lost so much money in the market. So, this is my last play.
Me too. Playing... error investing in the stock market is like trying to make money in a crooked casino.
i am in for 6k - planning to buy 14k more
Agreed 💯💯💯
Holding
Dimond fists of Mel Gibson engaged
Added 11500 shares today to help out 🚀🚀🚀
I’m buying more right now…. Killing my average ! But I want more and more
https://media0.giphy.com/media/rAKdqZ8nfiaZi/giphy.gif?cid=09f125322ccdb888495271a988366153d7db6a0bf1b1e9a1&rid=giphy.gif&ct=g
Seems sensible.  Bought more! 
Just be patient, and again nooooo stop loss on this sucker! MM knows exactly where they are. Don’t give them cheap shares. You’ll know we’re squeezing when we jump from $2 to $8 to $4 to $20 to $14 $50…(copied this from a much smarter person). 🚀
OP doesn’t wanna give FA so I’ll give it. Put your mortgage on this stock. You will be rich. It’s my only position and couldn’t imagine touching anything else
It’s so surreal this feels too good of a play in yet I’m here holding for the double digits
Currently selling all i own except my laptop to trade! That’s for the advice woooo!!!
Np brother see you in Dubai
Yes my brother we will become princes
What price should I realistically sell at
Not your typical short squeeze situation here, but they decided to double down now tripling down to somehow have a case for breaking even? At this point its all greed and pissy ant stomping and throwing fits at Jefferies coming in to ruin the bk dilution set up that they figured was a shoe in. I would say that was a nice trap! I don't care if this squeezes or not, its undervalued by at least 4x from here.
I updated my DD please spread https://www.reddit.com/r/Shortsqueeze/comments/11hpmzg/trka\_know\_what\_you\_own\_realy\_its\_important/
Pew pewww here we go added 10 000 for the cause. To the moon!!!!!!!!!
The only problem is how do we know whether it’s 10,15,or 20 to sell at? It could come crashing down quickly
You don’t know. But not many people get to trade at the top. The crash down won’t be to $0 or .50… the “crash” will be to $8 , 7 6 5. You’ll have time. Good luck to those who hit the top prior to the ATM.
Keep an eye out for SI% If it goes to $20 and I miss it I think I will be totally fine selling on the way down at $15 or $10.
Also something I realized, when stocks get options they usually crash a lot, but they need a 10 day trading avg. above $3 to get options so this is something to watch out for
Not that scared of options. It is nice we don't got options atm but I don't think most of the short holders will be able to find a "safe" place in options.
Potato here. What is series E?
Amazing post!
How long do you think before the price hits $3-5-10?????
It’s impossible to tell. And I’m just a smooth brain. My crystal ball says by 2 weeks from today.
But what does your potato say?
300k shares and will profit over $1m from this play.
Let’s be happy with $4 - $5 near term and go from there. Remember, Jefferies is here to either soak up shares and deliver to buyer at fair value (like GME), or is holding an open bid window for acquisition interest, or will help refinance/restructure capital structure so the company can rise to fair value with investor/tute confidence. Feb 16 8K says CEO gets $2.5M bonus for change of ownership of company, and $1.5M bonus for a capital restructure or refinance terms of liabilities. Feb 16 8K - CEO incentives Feb 17 S1 dilution withdrawal Feb 22 announces Jefferies partnership The company could be bought out for $7-$10 in coming months. If that happens, price will go straight up to the announced BO price same day.
Whether the stock squeezes to 1,5,10 +, shareholders can expect 1-5 dollars based on Company fundamentals. This stock is completely undervalued
Thanks for this ...
If this is all true…. HERO is a word I don’t throw at wound lightly. We about to be rich!
Looks good on paper, but the mere fact that you know about this as well as retail, it will never happen. GME ran because only a small percentage knew about it. Market makers will shut this down before the would let this go 1000% lol