Recent observations:
- We know that IFAN and FBCD have been absolute disasters
- We know that SSM sold/transferred these specific tickers to Krissa/Cooley
- We know that SSM has recently cut ties to Cooley/Krissa
- We know that traders/investors will not be going anywhere near any more Krissa/Cooley tickers and most people have included SSM in their decision to never buy another one of their custodial plays.
- We know that once the PAUL market maker decided to show up in FBCD and IFAN it was game over. If we see this market maker in any other custodial play, it should be a signal to get out. Has anyone ever seen the PAUL market maker on any other SSM ticker?
- We know the Accumulation/Distribution and money flows are still at highs for GMZP, TNBI and USCS. These are all SSM plays. FBCD and IFAN have not been anywhere near their highs in months. That should have been a clue also as we look back on how it all unfolded.
- We know that IFAN and FBCD were overcrowded trades. These tickers had thousands of shareholders (if not 10's of thousands) while the GMZP, TNBI, and USCS tickers only have a couple hundred at most and are barely talked about on twitter and fintwit. This is a good thing in my opinion.
Call me nuts or crazy but I beleive that one of these SSM custodianship plays is going to be explosive. Now that no one wants to participate, it's perfect timing to see one of these just go nuts and have a move similar to TSNP/HMBL from last year. Sometimes this is just how the market operates.
When a trade is too crowded and everyone thinks they will be millionaires, it never works out that way. Do you really think with thousands of shareholders holding IFAN and FBCD, it was going to make everyone rich and trade in the dollars?
I don't think that AVVH will be the ticker that produces this explosive move. That one just seems like it's also overcrowded. I think it comes from one of these smaller ones that is rarely talked about - GMZP, TNBI, AHFI, USCS, MDCE.
These may go lower as they are sympathy plays with FBCD/IFAN/Krisssa/Cooley and it may still take some time to play out and if I see market maker PAUL in any of these I'm out but I'm just throwing my thoughts out there and any opinions are welcome.
