Not a financial advisor, just a well informed ape
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 which the minimum stock price is $4. So free money, and a lot of it. Sure $BBIG could see a drop after October 15th, but not for long, and probably not much, since shorts need to pay up for the dividend. #facts
Those shorted shares, they HAVE to be returned when a dividend is issued. HAVE to. Look at $OSTK and what happened to them. (BTW, they went from $3-$120) And the short interest is slowly declining already because they realize what the fuck they did. Even if they do stop borrowing shares, there’s still a huge amount in the dark pool. An insane amount. That HAS to be returned. They can try and hold out past the 15th but it’s unlikely due to what happened with $OSTK. Lawsuits were filed by those shorts who tried to weasel out, and they lost. ?
So now let’s take a step back and consider the valuation, at 4-6 billion or more, and even with dilution, and cash on hand, that puts share prices around $15-20 give or take a couple. So now we have an already undervalued stock, with high short interest, getting ready for a spin off dividend, and it’s just found it’s new bottom.. Shorts should be scared. ???
Oh and, add in all those ITM options that will be exercised for people to become shareholders before the 15th, along with all the FTDs and FOMO, and you have fucking MOASS. ????
And even if not, I’ll take my 200 percent plus profits any day of the week. ??♂️
Have fun shorts. I know we will.
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- HENGonghuat8·2021-09-23Well said1Report