WSB has changed the strategy
I have a hypothesis:
WSB must have been hit hard in the past week's flash crash in the crypto market..!
Ever since I noticed they can not do their usual Pump and Dump, or better to say Dump-Pump-Dump.
It seems they ran out of steam and now they pick smaller projects.
These companies have some mutual features:
A: less than 2 years history
B: flat for a long time with no meaningful trading volume
C: initially below 500 million market cap
Company rank based on WSB mention rank:
1- $NYSE:IRNT: From 213 Million to 2.7 Billion, short interest %:0.64%
4-
TMC: from 370 Million to 3.7 Billion, short interest %:1.07%
5-
OPAD: from 452 Million to 2.8 Billion, short interest %: 2.4%
WSB must have been hit hard in the past week's flash crash in the crypto market..!
Ever since I noticed they can not do their usual Pump and Dump, or better to say Dump-Pump-Dump.
It seems they ran out of steam and now they pick smaller projects.
These companies have some mutual features:
A: less than 2 years history
B: flat for a long time with no meaningful trading volume
C: initially below 500 million market cap
Company rank based on WSB mention rank:
1- $NYSE:IRNT: From 213 Million to 2.7 Billion, short interest %:0.64%
4-
TMC: from 370 Million to 3.7 Billion, short interest %:1.07%5-
OPAD: from 452 Million to 2.8 Billion, short interest %: 2.4%
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.