The most remarkable thing is how they can spout the same utter BS day after day after day, be wrong every single time, and yet not be in the least bit embarrassed or self-conscious about just how wrong they are, and just wake up and start going again, every day. It must be like living in Groundhog Day.
It’s hilarious watching the rampers trying to spin a sale TR1 into a good news story. They can’t really be that stupid, surely? I’ve never really believed the theory that there’s such a thing as paid rampers (or de-rampers) but I can certainly see why some people do!
Screw it, I'm all in. My entire ISA pot (about £70k right now) has just gone 50:50 into RIOT @ $22.50 and ARB @ 88p.
Xmas holiday starts in about an hour. Not even going to look at the boards, the markets or the Bitcoin price unti the New Year.
Is the fall real too, or is that fake?
Maybe they do, but who cares if so. They obviously don't think lending out shares to shorters will hurt the prospects in the long run (quite right, it just increases liquidity and price discovery) so ... if they aren't worried, why should we be? Might mess up a few day traders I suppose.
IIs have sticky hands -> reduced free float -> more SP movement for a given trading volume (up or down!)
But the numbers we are seeing in the updates aren't really enough to make much difference; a few hundred thousands shares is tiny as a proportion of the total shares outstanding. However it's good to see the updates - if we suddenly saw many millions of shares being hoovered up that'd be good.