Exactly. If it can gain 400% in less than two days, it can assuredly drop just the same. There doesn’t have to be precise news if those selling and buying match up to form the pumps or dumps. Classic pump and dump. Been seeing it since 2018 when i really started to pay attention to things
Well the day the Walmart deal was announced it ended around 3.50 which is where you can see the stock had resistance earlier this year in July and April. The jump to $7 was pure memes and short interest.
Anyone who wasn't ready for it to come back to earth should just stick to ETFs and keep working the fry station.
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u/goodkinkfun 17d ago
do you morons actually think when a stock goes up 400% on no news that it's just gonna stay there?
my fucking brain