you got it kiddo.
I'll be as brief as possible. never mind, I can't be brief. but I know those who appreciate my posts like them better than some rant against the CEO or the daily "POS" ten word posts.
given: wall street and stocks are a casino now, completely manipulated by big money and their computer programs.
no reason for UBQU to put out PR. why? because news no longer matters. retailers aren't moving this stock. most of them aren't buying, they are either looking at the memes or just posting hate messages against the ceo.
so what is moving UBQU even at 10-30M a day? the computer algos.
sure, some days they sell 20 cents of shares to 000001 to put the price down at 000001, but overall, more buys, or buys + 00005 than sells. '
why? because at the moment the S&P and the BIG meme, movie and it's little preferred unit, has broken out of a 2 year descending wedge, and the crappy economy is no longer a smoke screen for tanking markets. about 4-5 million investors have been understanding the difference between 2008 and now, is in 2008 retailers panic and sold. this time, they understand if they sell, then wall street covers their shorts with retailer selling, then switches the algos to buy. this time we aren't selling. and they are stuck.
and what caused the meme original squeeze in jan 2021 was a bunch of folks at home, learning about stocks, with coof money and nothing to do but buy.
took kenny 2 years to fix a bunch of glitches, like robin hood ftx etc.
what's different now?.....the folks left are like you and me, folks who have jobs, regular income, and money to invest.
there's the problem kenny has. they make their money taking it from US when we sell. we get a regular paycheck, so the inflow of money is infinite.
they've had 2 years of a descending wedge, but its reversing to an ascending wedge.
so honestly, if I were ballas preya the marketing guy I wouldn't bother trying to appease the wolves constantly howling for their blood. if I were them I'd be working behind the scenes trying to get acquired, working with getting a CUSIP change etc. or just plain waiting.
I believe kenny can NOT just flip us to expert and be done with it. I think they have 8B of swaps in here, and since its a real company its too useful for him to pump the stock for desperately needed collateral. problem is he pumps, ballas sells the remaining 21B and probably gets out of debt and kenny has a NEW problem with UBQU.
also Kenny probably can't flip to expert because there could be an application for a reverse split right on the OTC's desk.also a name and ticker CUSIP change.
hard to fling it to expert when your paid lapdogs at the OTC have some filings to do. also that's a lawsuit UBQU could definitely win.
for now that's a guess. also the GPL ventures bondholders are sus as eff so they might have problems bullying UBQU by nonpayment of interest.
but that is all speculation, but at this time this stock moves when the memes go crazy. sure it was 8B in 3 days at trip 1 but out of nowhere with no news that happened.
we've had 2 days where they got control of the movie stonk and drove it down on LOW volume (a bull flag signal) and nowhere NEAR driving it out fo the ascending wedge. Their "justification" ? is powell and ALL his team of 20 talking heads all week being hawkish claiming they gotta raise fed rates, destroy jobs (and tank markets).....so far with all they atll they've gotten is -1.5% on the S&P and nowhere NEAR enough to scare apes out of the movie stock and monkey unit. the bad guys are having serious problems with the infinite cheat codes, and smart whales like elon and warren know it. they are just waiting until these bad guys lose total control before they buy....
UBQU only moved 7.3M today but 99% buys....and eventually I think they will need to clean up some shenanigans here. I do have some sells at 0001 good til cancelled just in case we get moved to expert, but at this time I really am not worried. they had to cover their shorts in sears and did a pump of blockbuster who also were in expert too.
at this time that's why I think no more PR. it was a tactic that didn't work in 2019 when ballas probably WAS trying to pump and convert. it didn't work in 2022, and weirdly we almost went up when a PR was written by NON ballas.....hmmm....who would that be? oh it would be kenny's paid media....KENNY wanted it to run. it's just that kenny couldn't get any retailers to buy.
does this mean ubqu is a dead cat. nope. imo it's married to the meme basket and citadel.
does this mean UBQU to 0.10 like my mockers joke? nope, btu stranger things have happened to kenny owned OTC penny garbage.
does it mean we move off of nobid?
oh yeah that 200M went away and stayed off the ask.
and the haters on movie stock are out greater than UBQU could ever DREAM for haters.
they fear a big move on movie.
big moves up on movie usually translate to interesting things happening on UBQU.
