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boston127

11/17/22 10:48 AM

#385 RE: IPO$ #384

I suspect quick profits. BUY on RUMOR.

SELL on NEWS.

It is unbelievable how this yoyo's from $2 to $1 in seconds with a limited amount of selling. There is no buying on the day of NEWS. The runups are great, but the crashes are a result of profit-taking and it doesn't take much selling to drive it down. Investors who own this lower sell on NEWS every time.

boston127

11/18/22 11:56 AM

#389 RE: IPO$ #384

Heading back up today.

Someone, or some group of investors, hits this when it reaches a certain point at the same time the company releases good news. They may have shares bought much lower or they may be the same people running the price up. It seems very well-timed, thus inferring that it is some from the inside of the company.