It’s been on a run over the last month, coming off a $12/share low and screeching towards a $32/share high.
Movement like this is absurd, given the near nonexistent changes in actual business activity around the equity. Either its being pumped and dumped by speculators or used as a back door around campaign finance donations or who even knows what. But the degree to which the SEC is turning a blind eye on this nonsense is one more data point in the “Rich People Play By Different Rules” connect-the-dots game.
But the degree to which the SEC is turning a blind eye on this nonsense is one more data point in the “Rich People Play By Different Rules” connect-the-dots game.
It’s been on a run over the last month, coming off a $12/share low and screeching towards a $32/share high.
Movement like this is absurd, given the near nonexistent changes in actual business activity around the equity. Either its being pumped and dumped by speculators or used as a back door around campaign finance donations or who even knows what. But the degree to which the SEC is turning a blind eye on this nonsense is one more data point in the “Rich People Play By Different Rules” connect-the-dots game.
QFT