This is definitely what ballas needs to do. put out PR, nearly daily at this point. I think it's less for human investors and more for those computers.
Of course the moment where we gobbled up 700M+ shares has passed and now we keep just hovering on 1/2. but there's a reason the giant block of 700M+ ask has been removed. some MM might want this to run. especially if they are still holding 500M+ shares acquired at 000001.
and indeed I'd claim a lot of these 40M+ days, the buying, some of it is just normal human retailers. the MM continuing to drop paper thin asks on the 1 at this time tell me that some MMs don't want UBQU to run but are doing the bare minimum.
also, we got our drop to 000001 today as the nasdaq plummeted, bitcoin dropped from 69K to 62K. the algos are still smacking UBQU down along with how they feel the entire market should go. but they are no longer cellarboxing UBQU hard.
when Ballas breaks the news of IO being full on acquired, I'll be a little concerned. it means the "sell the news" phase is over or never happened. now if he mentions for how much money and real mechanics of HOW it was acquired, a building? some equipment, etc. I'll be interested. Either way, it's clear the interest from retailers is about 20M a day for ...2000 dollars.....but what will really move this is getting the algorithms to buy, or some event far far above us that also just trips the general algos below.
btw, another hedge fund worth 3.1 B announced it closed its doors and will be "paying out investors" maybe that day we had 500M bought (a lot of the ask also just got taken down) perhaps it was that hedge fund unwinding it's shorts on UBQU. dunno. just pointing out our upwards (and downwards) movement happens a lot lot lot with the bigger movers in the higher markets.
and there are literally thousands of hedge funds, family funds, banks, brokers, the Mag 7 and the Fed itself yet to correct and/or collapse. Oh and also once the SEC maybe no longer is controlled by the above entities and no longer gives an ess and grants us a symbol change, merger with IMTL or GDET or even a R/S, I pity any entity naked short on UBQU once they are taken into receivership.
I am loving that even though I sold 8M so far for 800 dollars, I've got lots more and my average is 00007
