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Friday, October 28, 2022 2:20:21 PM
but I'm still totally with my thesis.
in a bear market the moneyh that used to go to pennies of all sorts on sidelines or fighting hard in multi billion dollar meme stocks.
I believe hedge funds who use alogrithms to monitor sentiment and trade control UBQU's float. even if retailers were to fomo in a billion of buying, it would come right back down.
I would agree if we get PR the algos note it, register it and a human evaluates it.
but I think the next catalyst to move UBQU would move the entire MJ sector (legalization)
until then. I even think if we got 1.7M debt paid or even refi-ed by some miracle in present market sentiment we wouldn't move.
but i think we would move if those hedge funds that control the algorithms lost control.
I think november and december are going to be very bad for those funds that control the algorithms and want UBQU in the cellar box. I think a few more aren't going to be around,. and I think those 8B shares that cycled at the speed of computers are still out there, and still need to be reconciled.
retailer money will come back in, but not before imo they get paid on those memes.
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