As long as people buy stocks at a price it has that value. This is shady as fuck and most likely some kind of unethical financial fraud, but so is ths stock market in general.
It’s very easy to launder money like this in the market. Bunch of Russian shells start buying up stock as a shadow payment to Trump -> Board gives him 1.8b while the entity keeps the rest.
I’ve read that there were tons of short sales at the beginning. The company started getting word to investors to not lend shares to short sellers. This has forced short sellers to buy shares which drives up the price.
There’s a good chance it’ll tank again. The only thing that could keep it high is if there’s enough meme buyers or, you know, foreign investors that want to give them money for some reason…
How and why? I thought that front of a shell of a company was sliding into oblivion, but now it’s recovered somehow? Fucking shady as fuck.
As long as people buy stocks at a price it has that value. This is shady as fuck and most likely some kind of unethical financial fraud, but so is ths stock market in general.
It’s very easy to launder money like this in the market. Bunch of Russian shells start buying up stock as a shadow payment to Trump -> Board gives him 1.8b while the entity keeps the rest.
I’ve read that there were tons of short sales at the beginning. The company started getting word to investors to not lend shares to short sellers. This has forced short sellers to buy shares which drives up the price.
There’s a good chance it’ll tank again. The only thing that could keep it high is if there’s enough meme buyers or, you know, foreign investors that want to give them money for some reason…
Yes. For…some…reason.
What, you don’t think this looks like perfectly legitimate trading for a company that has had no major developments?