2G, this is just NUTS. Maddening almost to the point of delirium!
Have suspected all along that 1 or 2 hedge funds (probably more) have really extended themselves and got so far in the red that ANY OPTION to regain capital is worth trying, legal or not(goes without saying).
Throw in the other usual supsects, Big Boys, HFT, traders, swingers amd the like and its a free-for-all to capitalize.
The Big Boys are making money hand over fist, trading this.
Sure they are accumulating too.
Their interest is for CCME to come to them and pay for coverage as they did not via the SPAC. CCME has become the poster child of CGS and it has distinctly and well defined allies and enemies for its success or failure.
Add to that the opportunists(all others) and it makes a literal minefield that one has to negociate.
Have somewhat reverted back to my long investment stategy, buy and forget, check once or twice a Q, and move from there.
Posted yesterday that am kinda on the sidelines, and yet here I am posting again! CCME is like an drug addiction.
Anywho, in for a dime, in for a dollar! Sink or swim here in other words as my bed is made. Have complete confidence that all will work out and CCME will be exonerated.
Good Hunting!
