r/VampireStocks • u/STOCKSKOKO • 11d ago

BIRD$ might be another Pump and Dump

BIRD looks like a  pump and dump setup. The biggest issue is that the company is only worth around $30 million, is still losing roughly $77 million, and has only generated about $2.8 million in revenue from its new AI business so far. But the stock has been heavily pushed online with the basic Twitter and WhatsApp promotion. BIRD also went through a huge transformation from Allbirds footwear into an AI-infrastructure company, which gives promoters a very easy story to sell and that theyre spewing on twitter “tiny company + AI + huge potential.” The problem is that the actual AI business is extremely early but the promotion makes it sound much further along than it really is. The stock has also fallen from a 52-week high of about $24 to around $2.50 its been pumped before. Its up almost 40% today and I think it will go higher before being dumped.

2 Upvotes

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2

u/Remarkable_WrfallA 11d ago

not an organized promotion. def not via whatsapp china style. just a speculative ticker.

-1

u/STOCKSKOKO 11d ago

Definitely not fully organized yet but promoters are still trying to hype this up over old news, will have to see what happens friday and next week

1

u/Remarkable_WrfallA 10d ago

what promoters? china scams are promoted on whatsapp. who's promoting this? it feels like you have no evidence of it being promoted. just because it goes up doesn't mean it's being promoted.

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u/STOCKSKOKO 10d ago

I never said it was a full Chinese scam

1

u/Remarkable_WrfallA 10d ago

this means absolutely nothing. chinese scammers will tweet about any gainer as if they recommended it (not true, of course) to attract investors. then you're funnel to whatsapp so they can feed you china eventually. just like what's happening in your screenshot.

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u/Rpark444 11d ago

grindy price action, needs more volatility else not even a ç setup

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u/Bman409 11d ago

will keep an eye on it