Buy 100K @ .02 for $200K. Have the herd suckers buy and run the price to .03. That a nice $100K profit in days.
you have to have sellers. this had to be prearranged.
Ken
@Kenaschmidt
ยท
Nov 20, 2020
For reference again, the Nov 20 20p contracts have had no bids on any given day, with offers of about 800 contracts at 0.01. On 10/22, I doubt there were any bids either, and *90,000* traded at 0.03 $TSLA. Not a chance in hell this was a hedge.
A con like this works because each redit kiddie says “What the hell, it’s only $5.”