going off the reddit theory, there is train of tho
Post# of 30067
(Total Views: 799)
Posted On: 02/03/2021 12:08:39 AM
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going off the reddit theory, there is train of thought among the more [thumbs nose] sophisticated wallstreet bettors that thie $gme pump was actually an exposure of an entire fake shares machines. this is in keeping with what we know about $ambs, that fake share medallions were created by Magna through offshore Discovery in 2015.
if there is an unwinding of such a position, that would be interesting. But to be clear, that's all inconsequential at this point. Best we can do is avoid Magna debt, which may happen regardless of this case because they're broke as all hell and there is a line of lawsuits agains them. Carting wise, there is a nice #winning W double bottom setting up that we haven't seen since late 2017. Its very possible we cap off here around .0135 or so and continue down, but I think we're in for a big boost from two things:
Todos will report another good month of revenue for January week of Feb 8-12, and simultaneously report the final exit of the original convertible.
Magna case will recieve a major update Feb 8 concerning status of SEC case.
if there is an unwinding of such a position, that would be interesting. But to be clear, that's all inconsequential at this point. Best we can do is avoid Magna debt, which may happen regardless of this case because they're broke as all hell and there is a line of lawsuits agains them. Carting wise, there is a nice #winning W double bottom setting up that we haven't seen since late 2017. Its very possible we cap off here around .0135 or so and continue down, but I think we're in for a big boost from two things:
Todos will report another good month of revenue for January week of Feb 8-12, and simultaneously report the final exit of the original convertible.
Magna case will recieve a major update Feb 8 concerning status of SEC case.
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