The chart was forecasting a retrace to $47 long before any screenshots. It's basically the chicken and the egg thing. Did the news act as a catalyst for the chart? Or did the chart act as a catalyst for the news? I believe in the latter.
very clever for GME in Mid May to raise money issuing millions of shares above $52. looks like free working capital. rinse lather repeat. a whole lot louder and a whole lot worse.
It wouldn't have the volatility of course without the meme traders, but the meme traders leave a foot print.
He is literally printing himself free money... Just to let everyone know...I can almost.make a perfect bet that I can guarantee you he will buy millions in stock and call options in another company stock soon...he will make his money in gme move on and this time tout another stock sending it up 300 400 600% and stock options up thousands of percent all while he buys the stock weeks and months before he sends out another message to the forums..... Just like Ryan cohen....ever see his moves....he prints money as he ends up purchasing massive amounts of shares and then going public with the news weeks and months later literally printing him insane amounts of money.
That stock was supposed to be a turn around, he jolted the stock up and then it collapsed going straight into bankruptcy. They did nothing but create wealth for their pockets ...