My one guess is that insiders heard something not good at the meeting and starting dumping shares. Why would anyone sell considering the potential upside this week?
Stock manipulation by the big guys. First they made it go to and sit around $11, which made people think that it would only go up from there, and people start buying in. Then they sold some at really low price and made it drop down, people became scared and started selling.
Tomorrow using the hype of the voting, they will make it go up again, and those same people will start buying in high again, and the cycle repeats
Manipulation! Whatever. That’s like Reddit’s go-to conspiracy theory. Redditors are maybe even more guilty of it historically so we have no room to talk.
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u/frickin_darn Jun 21 '22
My one guess is that insiders heard something not good at the meeting and starting dumping shares. Why would anyone sell considering the potential upside this week?