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You really don't think they will have big revenues when Mastercard and Fiserv users start showing use out of their Bakkt cards?
Not sure pumped is the right word. Nobody on this board affects billions of dollars traded. But it has been heavily shorted and without more news it will keep falling. 1st quarter of next year though this may be 5 times the share price once revenues show
Everything will go down
Idk if that will be a good thing
Looks like I picked the perfect time to cash my puts this morning lol
That's more shares traded than yesterday though. Just weird to me this keeps being pushed down when the float has traded in just the past 3 days.
Glad I changed my calls to puts. It's not trading well right now. Tripled my money today. I'll get some calls when it starts moving the other way
Honestly I think this is a combination of manipulation and people not expecting much on the financials release Friday
Definitely seems like Wallstreet manipulation. Guess we gotta play the games too
I mean I believe in the company. I'm just trying to figure out my strategy short term. Nothing we talk about on this board affects the stock price. It's not ihub money. With Options here the question is whether you buy puts or calls. Right now it's looking like puts are the better choice. But we will see
From what I read they won't have a solid set of financials until at least next quarter or 1st quarter of 2022
You think it will hit teens this week, honestly? If 25 breaks I could see it. I had to switch my calls to puts short term cause I dont like the way this is moving
Yeah but idk if that CC is going to be beneficial
Not showing any strength at this point unfortunately
Looking like you might get it
Seems like at this rate it will see lower lows without some sort of news
Bloody Tuesday as usual
Yeah I may roll my calls to December 17th or later
My point is nobody selling retail shares is making much of a profit unless they've held this entire time. Float is like 20 million. So it has to be getting shorted a lot
Doesn't make sense how all this trading occurs above a certain price. And yet it keeps getting pushed down. Everyone would have to be taking losses. Only explanation would be a lot of people shorting here
Literally what I read and thought it was contradicting Marvy
Idk how they are managing to keep BKKT down like this
That's a pretty big deal on top of everything
Tomorrow should be interesting
No it is 1.6 billion. You do not use voting shares when calculating market cap. They cannot be converted
This has to be getting shorted heavily for it to not be moving like this
Somebody just bought over 5,000,000 dollars worth of shares all at once
The trading doesn't make a lot of sense. This kind of news should make a massive difference. At some point it's going to take off. The market cap is way too low
How the heck did this go down off more news
Was there news that caused that drop?
20 day RSI is now in the oversold territory
Don't worry same thing happened with MRK. They brought it down a little after good news for a couple weeks then it went up making new highs. Have to get out the sellers
Support is around 33.5. If that breaks next support should be 30
It was consolidating normally. Then all of a sudden it wildly fluctuated. It's just strange
Weird trading
If we see consolidation back up here, we will see an influx in volume at some point.
I emailed TMR a couple months ago. Never got a response
Yeah but this amount of volume is already almost half the float even being a lower volume day. When it starts creeping up the volume will flood again
Looks to me like the hit stops on purpose. Rsi is excellent now for another run up soon. But we will see
The RSI is near where it was when we ran from 25 to 50 last time. The small drop and consolidation is necessary. I agree we should see a spike in the next few days