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Wednesday, May 12, 2021 3:13:12 PM
it would have cost only 10 million dollars to buy 10B shares of UBQU during that nobid crash.
10 million dollars was a day's earnings for citadel before they got over their skis on squeeze 1.0 In January.
but veryyyy good question my friend.
scernario 1 - citadel gets margin called and they eventually have to liquidate their non shorted positive assets. you'll see UBQU sink to nobid again on 4B+ robo sells with no reason. buy that dip! I've got 20,000 cash I'll grap 200M at trip 1 on citadel's dime
then after that's done. CDEL won't be on future asks and we rise up with thin asks as before
scernario 2- citadel is overshorted here with naked shorts and synthies and the bigwigs go current and ticker change. saw it on my EV PENNY just a month ago, only 3% shorted, sanely shorted. changed it's ticker all legal like, next thing we know we have 50M buys on a 777M float at MARKET. unprecedented action. this one we don't even have short term pain. CDEL has to clear their fat ask out of the fat ask...and start buying at whatever WE are asking
scenario 3- citadel burns cuz of the mother of all short squeezes yet nothing happens here. CDEL goes bankrupt. CDEL no longer on the bid and ask, then we see those 10-50M bids and asks we saw JUST BEFORE squeeze 1.0
in all 3 scenarios, this stock flies after the smoke clears.
oh also, once the shenanigans of CDEL ends, and UBQU goes current ticker changes and starts using its website and multimedia for growth without CDEL shenanigans, then you get your run...probably beyond 3 cents imho.
hope this was clear to most who have been following my posts the last week or two ! :)
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