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Thursday, August 11, 2022 3:38:18 PM
I think the Rakuten PR was bullish, algos adjusted, realized no true P&D rug pull coming, 2 days theta decay on the news return to "bear" position.
some converters continue to screw UBQU's balance sheet too
more proof of this: GDET finally went from strong 4 lean to filling my GTC 3 bid.
algos. for now.
my guess too now that the rakuten PR was NOT a hedgie orchestrated thing, it got tweeted about and was OUT of their control...but it was an UBQU thing.
so fundamentally, UBQU is not a dead cat.
it's a bummer, but my long term belief UBQU gets out of the cellarbox remains, just not crazy zombie stock pump by kenny for now.
who bought the 3B? all apes. HIGHLY doubt it. man I wish the 3B was bought by UBQU apes with a similar mindset.
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