To: lasereye
The "skyrocket" is a pump-and-dump gimmick by insiders. If a few months from now the stock is still going up, the same insiders will suddenly and without notice "unlock shares" and dump additional shares.
10 posted on
02/10/2022 8:11:15 PM PST by
fso301
To: fso301
Generally true. Plus there are no fundamentals available such as earnings, PE ratios or betas. The stock has been listed for more than six months and would normally have those by this time. It is a purely speculative bet.
47 posted on
02/11/2022 4:51:37 AM PST by
Vigilanteman
(The politicized state destroys aspects of civil society, human kindness and private charity.)
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