News Focus
News Focus
Followers 319
Posts 55341
Boards Moderated 12
Alias Born 08/19/2009

Re: FosterK post# 254050

Tuesday, 08/02/2022 3:25:46 PM

Tuesday, August 02, 2022 3:25:46 PM

Post# of 370716
In an IPO, shares are limited, and shorting cannot be done because there are no shares available to borrow. It is one side of a market. When demand exceeds supply, and there are insufficient shares available, it becomes a bidding war. When the stonk sheep see the move, they jump in with no clue why it is moving, what its worth, and they don't care...

It is a game of hot potato, and those holding the shares when the music stops will have very burnt hands as it loses 90%+ of that price!

The demand was real initially... then it became a trading game to see who is the bigger fool.

DBMM has no real demand, because it is a failing piece of crap!

There is no short position in DBMM, so if it ever gets a little momo on news, it'll be very temporary and just be a greater fool game until it does a belly-flop! Then it will be a race for the exits.

Everyone always thinks they can out-trade others... most get taken to the cleaners!


.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DBMM News