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You should tweet about this.
Just waiting for the company to come back to normal trading
Sure does look like it. Huge volume surge in the last half an hour.
People that missed AABB can see a very similar business model here and are loading up which is why the price hasn’t fallen back substantially.
I’ve messaged Admin to ask them to change the ticker.
Looks like the ticker change will happen tomorrow as stated here as E*TRADE has removed the quote for AGC tonight.
I still don’t get why if this is such a huge merger why the price isn’t moving at all.
Question - is shorting allowed in out of hours trading?
People get scared because when they hold that much tiny fluctuations reflect the value of their holdings.
Question - it’s my understanding that to be listed on an exchange (at least the big ones like Coinbase and Crypto.com) that the development team have to be doxed in the sense that part of the listing process is to conduct due diligence on the management team so they know that they aren’t just listing the token for someone like El Chappo or some Colombian drug Barron.
So following on from all of that, could it be possible that the full management team is known to the exchange listing teams but it was done so on the condition that they did not publicly name the development team.
Seems like a possibility? What do others think?
There’s a short interest of 127% of the entire share structure and the cost of borrowing shares has gone up from $6.80 each to $362.24!
I’ll let you work out the rest.
It’s achievable but I’d have sell orders in at that price well in advance so they’re first in the queue.
I’ve been reading a lot on social media about the incoming short squeeze. One guy with 70k followers who called this at $3 says his research shows 150% of the entire share structure is a short interest and needs to be covered by shorty.
Other posts I’ve seen on Reddit show that the cost of borrowing shares has shot up several 100% which is exactly what happened to GME before it ran hard.
(There are some very very smart traders posting on Reddit. Their analysis is way superior to anything I’ve ever seen here and I’ve been here a long time!)
This little consolidation follows the exact same pattern over the last few days.
Lock up your shares good till cancelled at $100 or more and watch an exact GME type move or much better happen with this microscopic share structure!
As an example you should note that the reason why GM*E keeps having short squeezes is precisely because more shares have been shorted than are in the entire outstanding shares.
The trading pattern in this stock seems to be setting up to be a carbon copy of the exact same scenario!
Lock up your shares $100 good till cancelled and watch the price run!
Do we have any idea when he will post the article?
To be fair it does look like previous management is to blame for the records that they kept but what was the Transfer Agent doing when all this was going on as well?
Surely the TA is also to blame as well? Isn’t the TA meant to know all this kind of stuff?
Still has a lot of room to run. Could hit five easily with this share structure
This would be an excellent one for your group to trade today.
Moves on air.
It’s said that the revenues from the new SHIB game are expected to be $1bn so it doesn’t matter if others are launching or developing five! What matters is the money coming in from it and the community behind it.
If the game is released before Thanksgiving or at least Christmas and becomes a cult (like Candy Crush as an example) anything is possible.
It’s said that the second game released by this team will be as popular as Pokémon go was back in the day. I seem to remember reading that it might also have an augmented reality component to the new SHIB game as well. But I can’t verify where I saw this posted now.
Let’s remember that when CoinMarketCap gets it’s act together and updates the current supply to the right number, some have posted videos on You Tube that say it’s going to wipe another 200+ trillion tokens off the CoinMarketCap stated total as it stands today.
CoinMarketCap and Coin Gecko are the websites where most crypto traders get their data from like OTC Markets is for the OTC. That’s why the sell off started, then inflationary fears overtook the markets.
Also, CoinMarketCap acknowledges that the reason for the discrepancy is due to a bug in a software update that they seem unable to iron out!
I think unusual “serendipities” like that keep happening to CoinMarketCap which was is now owned by Binance.
Seems like they wanted to load a lot as cheaply as possible!
My opinions only from stuff I’ve seen online recently.
Hi do we have any idea how many of the 10tn tokens have been burned?
Yup patience required as the company management makes efforts to get current information again till later on.
Yes my friend I understand that but I’m just asking is it now a pre requisite from OTC Markets as of the end of September that all companies have to be SEC filers regardless of what OTC Markets will finally get round to showing on their website.
As we all know they are usually a couple of months late for everything these days no matter what the update is!
Is this company an SEC filer? I can’t see anything for sure on OTC Markets but note that they have filed various SEC filings such as an 8K etc.
Buys coming in at these levels says that they will be holding for way higher maybe a double or more.
Looks like a float lock to me any buying pressure and it shoots back up!
Wrong! Should’ve bought the dip!
See all those wild swings now folks? That’s market makers looking for stops and trailing stops to take out.
I’ll bet some crazy prices are showing on level two now!
Maybe it’ll go higher than $10 today? Market makers must’ve entered a lot of air shares on the system yesterday.
What’s showing on L2 please? Already showing pre market buys over $6!
Remember folks, this is the company with the patent for a self charging battery for electric vehicles. With a billionaire behind them now, anything is possible.
Can’t wait to see what is showing on Level 2 pre market tomorrow. I think that this has a lot more fuel left in the tank.
Let’s remember a few things here folks.
TE*SLA’s price earnings ratio is at a huge premium of 247 for this year with a $1Tn + market cap!
https://www.nasdaq.com/market-activity/stocks/tsla/price-earnings-peg-ratios
The above link is from the Nasdaq website.
The EV sector is hot. From what I’m seeing on Twitter, there are some heavy hitters and whales/ groups taking an interest.
This has several things coming into the mix which are bullish in my view.
The Trump factor.
Short squeeze possibility
DW*AC or even a GM*E type move on FOMO
Michael Dezer (a billionaire already) has huge resources at his disposal having made his money in the USA real estate market having gentrified entire districts in New York and Florida. He turned Chelsea in Manhattan into the hip trendy place it is now.
People have a very high regard for Dezer.
Dezer is a huge car enthusiast with an absolutely huge car museum. So I’m presuming he has plans for taking on and maybe even taking out TES*LA’s dominant market position.
I can see this becoming a full blown electronic vehicle manufacturing company.
Dezer will want to see one of his company’s vehicles driving down the street.
See the press release. It’s all in there.
https://www.otcmarkets.com/stock/ELEK/news/story?e&id=2056721
TESLA is valued at more than a Trillion Dollars! Plenty more room to run!
Are we looking at the same tape dude? I saw buying into the close.
Those five buys of 17,881 into the close is the clearest sign of institutional buying that you will see.
That’s the first time I have seen a quintuple print on any tape!
They’re desperate to load up as many shares as possible as cheaply as possible without pushing the price up substantially!
That’s not retail buying!
How on earth could five retail buyers buy the exact same amount of shares at the exact same time just by coincidence!
Just never going to happen!
The probability of that happening is like 100 billion to 1.
Did you mean LRC or another one?
Yup the dump in LRC now underway again!
Folks get some CKB big things coming there and they have built a working Etherium Binance brige!
It has a very low supply!
David Gokshtein with 486k followers has tweeted that he bought into SHIB today.
https://twitter.com/davidgokhshtein?s=11
You can create one on CoinMarketCap I think. There are different settings you can apply. Have a tinker.
I add things to my watch list there by activating the little star top right of the token listing then I get into it by clicking top coins then the star which is then on the top left of the page
Yup I’m thinking news will spread to New York residents during this evening then word of mouth will also contribute.
Coinbase has tweeted that New York residents are now able to buy SHIB on Coinbase.
See the twitter account scroll down a tiny bit
https://twitter.com/coinbase?s=11