Monday, May 15, 2023 1:42:26 PM
well then you DO understand...perfectly...it aint rocket science...it is exactly what it looked like...no need for any further analysis...
"As far as I can tell, there are three explanations for this: 1) Insider trading; 2) Positioning for market manipulation; or 3) External stupidity."
or someone with money, means and influence has done his due dilligence...someone or some group who has been waiting has finally decided it was time...
i dont believe the choices are limited to criminal, nefarious or stupidity...but nice try...
the amount of trades today are already double the usual amount...buys are twice the amount of sells....there are clearly many more people buying today...
" I’ve got a small batch of shares that are short and, if it looks like a pump and dump is in progress, I might try to sell at the right time."
this makes no sense...if you are short shares, you are likely getting hammered...and you would not SELL to get out of a short position...you would BUY...
"But I am more interested in a long-term investment than in trading, so the pump-and-dump will not be a good things from my perspective. "
why even bring up a pump and dump?...where was the pump?...pump and dumpers dont just buy a buttload of stock and hope people follow...wth?
"Time will tell. I’m not upset about the share price increase but suspect it will prove ephemeral. Hope I’m wrong."
then how about looking at it from the point of view of someone who really is a long term investor who really does want the pps to rise...BECAUSE IT DID....
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