Half the time I couldn't possibly guess the reason but I've definitely seen clear and consistent bumps with the primaries and now trial news. The ones I can't explain I can only assume are the result of powerful people trying to push it one direction or the other.
I am guessing it from the SEC cracking down on short sellers after Nunes' complaint a few weeks ago. That's just my 2 cents (& probably why it hadn't skyrocketed a year ago)
Did some big Trump news break? That stock seems to be been moving a lot based on his campaign.
The moves on DJT are even wilder than crypto. Gigantic swings on no news at all.
Maybe some people are trading it based off trial activity?
Half the time I couldn't possibly guess the reason but I've definitely seen clear and consistent bumps with the primaries and now trial news. The ones I can't explain I can only assume are the result of powerful people trying to push it one direction or the other.
I am guessing it from the SEC cracking down on short sellers after Nunes' complaint a few weeks ago. That's just my 2 cents (& probably why it hadn't skyrocketed a year ago)
Hedge funds are moving it up and down to keep people from buying options and to discourage investers.