Well sunshine the thing is that at least two twitter accounts with more than 40,000 followers are actively alerting, commenting on and following the trading in the stock.
One of those twitter accounts - Moonmarket has been actively promoting IPO’s to his followers since HK*D had its meteoric run a few weeks ago.
You can subscribe to upcoming IPO’s and get shares on Webull. Several of his followers have done just that. But they only go for the ones he recommends. After all there’s a lot of safety in numbers! Oh I forgot Moonmarket’s You Tube channel just passed 120k followers over the weekend! Guess what he’s talking about in his videos amongst other things?
If you watched the tape on Friday there were, in general lots of small buys and often off odd amounts. That kind of buying pressure is a strong indication that it’s retail. However that buying pressure was consistent all day once the small dip at market open was done and the price went green.
StockTwits followers have increased by another 100 or so overnight. Its now 7300.
Then the real big following is Rick Ross. In total 20m social media accounts spread out over Twitter (4.7m) Instagram (12m) and others follow Mr Ross.
That’s potentially 20m new shareholders of GGII. Quite possibly but allowing for duplication of people following Ross on multiple accounts lets say 12m. That’s still 12m potential buyers of the stock.
Another twitter account that I’ve already commented on has analyzed that GGII’s market value increases by $110m every $5 HPCO appreciates in value.
That will be reflected in the share price and retail demand for shares in GGII. It’s that simple. Don’t overthink it!
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