Followers | 47 |
Posts | 3750 |
Boards Moderated | 0 |
Alias Born | 09/18/2018 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, November 23, 2022 4:14:38 PM
I think most folks can't buy batches larger than 9,999,999
so....most likely, a premarket bet ready to go from an algo. if it was human, say ballas getting a golfing buddy to buy to give him 10K more interest payments....wouldn't be at 9:30 at market open.
the other 8M probably were humans, but a 100M buy from an algo.
our tiny tiny drops to .000001 were expected, that's the MM algos "balancing" after the relatively large buys. always trying to end the day with PPS action on any stock at same level if not a little down.
my best guess is a lot of folks think that the MJ market is going to pump with "legalization" soon. perhaps one hedgie got early to the game.
most likely one algo was still tied to tilray, aurora, the big MJ players.
the bad news is if I'm guessing right, a lot of algos hooked to MJ have given UBQU, a CBD only company, less connection.
with all that being said, when the pump of MJ legalization comes, I'm sure we'll get more than one 100M hit.
Recent UBQU News
- Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • InvestorsHub NewsWire • 06/11/2024 02:13:55 PM
- Ubiquitech Software Corporation Retains Vitello Capital Ltd. to Aid Strategic Planning and Assess Global Acquisition Opportunities • InvestorsHub NewsWire • 10/11/2023 12:09:01 PM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM