lol. fascinating.
actually on the HMS Amy and the USS Jimmy, and based on what I've heard "successful traders buy on red sell on green 80% of most humans do the opposite"...why yes, I would set sail in my yacht with shilligan, the skipper too, the millionaire (me?) and my wife, the movie star (amber heard?) the professor and mary ann during a storm. I've done it on all my positions recently, bought on red, stayed zen, and sold once 20% on the non-pennies and non memes, and waited again for the dump.
and yes, back to UBQU....but I had to tip a hat to a TV classic.
yes, the bid stacking from 0 to 500M+ now each time....has been an indication to me that SOME new entities or just typical UBQU yacht whales see the storm in full flurry, but also see at this point they are CONTRIBUTING to UBQU's coffers (not a corrupt ballas') and now is the time to buy
like I mentioned above, once we get a fomo event? there are going to be folks who haven't even SEEN this stock already running to trip 4.....won't even bother to research or understand the 25B+ float...and just fomo slap asks.
then the question is how much selling power will exist between us yacht club profit takers, the converters (by then I pray they are GONE but unlikely actually) and MMs how many shares they have to slow the flow.
but yeah, I guess if the metaphorical question is right now am I bullish on UBQU?
if I had no shares I'd be sitting the bid fat
since I've got a sizeable amount, I'm willing to happily tiny-slap the 2s, sit tiny like 100K on the 1, and next nobid? slap the 1s tiny and capture some more delicisios 00005s
remember back in the great nobid of 2019-2020, I even caught 50K of 000001s! no way that happens again tho. at this point only KEnny G wants those 000001s as other hedgies get slaughtered. of course if this repeats some poor MM or institute fool forced to liquidate at market, if I can brush buy at the very same time I might catch some 000001s.
at this point, I'm going to risk it....I don't see a hard lock down nobid likely.
possible white swans for us could be legalization of MJ or it turns out those "golfing buddies" are real whales like rian Cohen or elon musk types. also another possible unknown white swan is the folks buying those 50,000 blocks of 000098s are folks who are running successful businesses who could "advise" Mr. Ballas on increasing his presently cash flow positive vehicle into a giant that could HANDLE 100M in sales.
