yesterday was a good day for UBQU especially if its algo-hooked to memes
we shall see, we are at the back end of the train I think...
but Game Stock has no debt and just went cash flow positive. up 50% in premarket.
now some shorts can't cover now coff(credit) coff (suisse) ...and some will short until their demise.
fine by me.
of course the UBQU scenario I am guessing on is this: GPL yes, it's a toxic converter that controls UBQU and Ballas. Ballas is a pawn in this game of chess imo, I don't waste any more time placing emotion around him, good or bad. His job is to be the dummy CEO of all the pennies GPL controls.
the float owner of UBQU I think are mms "wall street" and I do think there are shenanigans on our stock. their design was to drive it to nobid, flip it to expert, hide all their swaps in all these pennies and never have to cover or discover.
my worry is that the SEC closing the attacks on GPL might be a "settlement" but we'll see at this point wall street ain't looking too hot and UBQU could also be a wonderful pump and dump for wall street.
so in my thought three scenarios, and only one seems grim to me:
1. we move up to low trips because wall street has to cover some, GPL dumps, makes some cash. I personally will sell WITH THem this time since my average is 00007 and wait. Gpl keeps onapplyhing for a cusip change and reverse split and maybe the SEC starts to waiver as the american public starts looking at the SEC doing nothing but PROTECTING wall street up inthe A-leagues.
2. We actually squeeze to 0040 or something because the USA desperately needs a W so they move to legalize. canada is pushing now to legalize EVERYTHING....so maybe a sympathy catalyst there. wall street takes this as an idea to get 0040 for about 20B shares of theirs and then pound it right back down. GPL also sells and of course tries to keep the game going.
3. the most grim. Wall street makes a back room deal with GPL and blackbridge (?) stop filing, here's some big cash, let us take UBQU to expert. I think this will happen on ALL but UBQU, but as long as UBQU is putting out product, its too viable for them to just can to expert markets. Also, GPL could be oing something viral
4....game stock / elon/ whale buys UBQU? of course the SEC if they do not want UBQU to run out of control probably would stop any M&As but at this point you never know.
pot-corn? being talked about on a movie stonk channel.
even so we enter volatility and for the big memes in a good way....I kind of expect it to result in MM jitters down here in the cellar. GLTA
