varok
3 days ago
Good morning,
Yesterday's action at the open with a level II notation of 550m has to be a fluke.
Now I do have a theory. Could it be a retirement of shares back to the treasury. Reason why I think that it may be in this case, is when with such a large volume amount at the open it goes against the theory for every share sold is a buy and vice versa. Also, it can't be dilution since it goes beyond the regulatory with the % of daily volume on execution of dilutive shares hitting retail since we don't have buyers or even the noted volume to allow such action.
Well, that is my theory. A reliable update from the company would be a big help, so for now we can only speculate on this abnormally.
Have a good day
varok
80 bluchip 20 pot
4 days ago
also a POSSIBLE reason we dumped heavily into 000001 is because today they needed some shorts on bigger memes, maybe no shares on the game stonk to borrow.....so head over to uniswap.....sign some ISDA swap contracts and say oh hey all those OTC penny pos stocks ....still thousands of them....short 50K a piece as a swap for the game stonk or other larger meme.....if its a swap of that nature....hehe who cares if you send it down 99% to 000001. one day you might have to cover those 500M shares on that POS penny stock.....if it stays on pink.....could be a scenario like that. sure tinfoil. but If that is the case, man when 2025 rolls around and these illegal swaps are cancelled, and ISDA's 1.4 quadrillion hidden losses are unravelled. hehehe, start looking at yachts, my fellow UBQU longs.