fluid there was news? I didn't even see it and the UBQU PPS action was as always, with teh S&P like a bored algorithm was playing it.
and yeah every bear here did claim they bought. did any claim they sold? I have them all on ignore.
if I were an upset retailer holder (and I was in 2019-2020!) I'd still do what I'm doing this very day. buying 00005's when the algo dumps to 000001.
open question to the upset long retailers on this forum. what is your exit plan?
stack the 1s now and hope to get something out of it?
ride it to 0 and feel good about the fact your belief that ballas did this to you is correct?
if it runs again, wait for breakeven and sell? if it runs again, will you still believe this stock is a dead cat
to be fair I'll share my plan. if we move up I do plan on getting out. probably for 1/2-80% of my stake but not all. especially if we move up due to just bullish action on the S&P algo buying.
if we RIP, I plan on selling at 0010+ BUT I will want to know WHY we rip. if the moass or a squeeze is happening? or the megacaps are crashing?
I might wait for penny or ridiculous levels like 0050 what? say the fundies guys that's market cap 250 million! no way!
right. but it's kenny's collateral pump, he might need 250M + on that DAY to keep margin on those big meme stocks he needs to control and short back down. ior he needs it to hold collateral on those longs he has as facebook plummets to 35.
I think we'll see a PR like rakuten again. it'll mean nothing as it comes out of newswire. but then some OTHER kenny bought agency will pick it up (remember forbes?) and then they have their lame ass excuse to pump it oh look UBQU went viral on the news. and in come the retailers to fomo it with no clue.
but in this scenario we'll head right back down in a few JUST like movie and game have done many times.
but.....if ballas sells say.....1B A/S and kenny pumped it to 0050? say ballas fills average 0035? 3.5 million. 1.7 million debt GONE, war chest 1.8 million. GPL ventures and that other converter pet of kenny's kick to the curb....and off tot he races with buybacks on kenny's next short down, reverse splits, nasdaq applications heck at this point put a freaking .0001 dividend on UBQU with that 1.8 million war chest and if kenny is still hiding 8B in the float on it, force him to pay 800,000 instead of hide 800,000. sure in 2020 that was NOTHING to kenny but now they are all hemorhaging money to KEEP all these meme stocks down.
