$Vinco Ventures, Inc.(BBIG)$So yeah, rough couple weeks we’ve had recently. But, what people are forgetting, is that it’s not ever going to be a straight path to the moon. We have to dodge a few asteroids and satellites along the way.So what I and dozens of others see, on YouTube and Discord, is a pretty good looking Bull Pennant formed since the peak at $8.94, in the last week on the charts. Lot of folks expect a breakout any day now.A couple reasons why this will form that bull flag over the next few days or weeks:Most folks know about $TYDE now, and that you can receive the dividend on October 15th as long as you’re a holder by the 13th, AKA, the 1-2 days for the trade to settle. And as of now, they say it’s a 1:1. $TYDE will be listed on NYSE, in
$Vinco Ventures, Inc.(BBIG)$For anyone curious, all of these “short squeeze” plays are down significantly this morning. Not just BBIG. So you also can’t just stare at BBIG. Either way, even though it still sucks to see, BBIG should recover in the coming days. Only people panicking will be the get rich quick schemers.
$Vinco Ventures, Inc.(BBIG)$On Monday the SEC will receive the definitive proxy, that means MMs and Whales will know every little detail 2 days before us. If the $ 4/5M estimate is confirmed or exceeded many Whales will want to invest / increase here, consequently the pressure on the BID side will be unbearable for MMs, and champagne for everyone! THEY CAN'T AFFORD IT.From yesterday they started a dignified retreat to prevent / limit short squeeze. Their goal today is to reduce damage: they can compare their losses coming from $ 8.00 and/or $ 7.50 options ITM with the estimated losses from additional shorted share to avoid paying the premiums. Today MMs have tried to put the market to sleep by tapping into the dark pools, it wasn't enough so they are