I'd encourage everyone to temper their short-term expectations for now. Yes, I believe DWAC and TMTG will make its investors wealthy, which is why I went heavy on DWAC. But this stock has done this before, and the hedge funds brought the price back down through short sell tactics. They're losing their ability to do this, but I still believe they intend to take the market and DWAC down with them soon. After that runs its course, DWAC/TMTG will rocket to the moon, but I think we'll have a massive dip before that happens. Just make sure to buy the dip when you see it.
Not sure why at the moment, but my guess is the hedge funds that do ladder attack short-selling against DWAC are losing capital after the Evergrand fallout and can't maintain the suppression. The MSM is coming up with weak explanations, which tells me I'm probably right.
Now some banking families will move some money around to Blackrock and the ladder attacks (buying and selling the stock to each other lower and lower many times per minute) will recommence by next week.
I'd encourage everyone to temper their short-term expectations for now. Yes, I believe DWAC and TMTG will make its investors wealthy, which is why I went heavy on DWAC. But this stock has done this before, and the hedge funds brought the price back down through short sell tactics. They're losing their ability to do this, but I still believe they intend to take the market and DWAC down with them soon. After that runs its course, DWAC/TMTG will rocket to the moon, but I think we'll have a massive dip before that happens. Just make sure to buy the dip when you see it.
What's the consensus for the rise in price? Why now?
Not sure why at the moment, but my guess is the hedge funds that do ladder attack short-selling against DWAC are losing capital after the Evergrand fallout and can't maintain the suppression. The MSM is coming up with weak explanations, which tells me I'm probably right.
Now some banking families will move some money around to Blackrock and the ladder attacks (buying and selling the stock to each other lower and lower many times per minute) will recommence by next week.
Ah. Maybe the China meltdown is helping us.