104237531
:
It means that the negotiation is ongoing and there is no result yet. He does not want to talk about it. If this matter is fiction, he will definitely say that it did not happen.
Ken Griffin Charity
OP
mercyformoney
:
If it doesn’t mean anything, they would have let speculation continue and not release an official statement. Better yet, the original news of the potential acquisition shouldn’t even have been released at all.
Ken Griffin Charity
OP
104237531
:
Then you should understand that BKKT has tripled in value since the news release yesterday. If negotiations are still ongoing as you say, then it’s going to get a lot harder for DJT to acquire such an expensive company that already had poor financials to begin with.
No matter how you look at it, nothing about these sequence of events is a good look for both companies.
Steven J
Ken Griffin Charity
OP
:
Yea, it might have triple, but this company is still cheap and below 400m evaluation. It’s still a micro cap. Could move higher
mercyformoney : It does not mean anything. It's just refusing to make a statement about it
72981986 : BULLISHHHHHHHHHHHH
104237531 : It means that the negotiation is ongoing and there is no result yet. He does not want to talk about it. If this matter is fiction, he will definitely say that it did not happen.
Ken Griffin Charity OP mercyformoney : If it doesn’t mean anything, they would have let speculation continue and not release an official statement. Better yet, the original news of the potential acquisition shouldn’t even have been released at all.
Welcome to pump and dump 101.
Ken Griffin Charity OP 104237531 : Then you should understand that BKKT has tripled in value since the news release yesterday. If negotiations are still ongoing as you say, then it’s going to get a lot harder for DJT to acquire such an expensive company that already had poor financials to begin with.
No matter how you look at it, nothing about these sequence of events is a good look for both companies.
Kenneth Sg : This is the easiest pump and dump ever
AdamKing Ken Griffin Charity OP : Good time to short BKKT and DJT
Steven J Ken Griffin Charity OP : Yea, it might have triple, but this company is still cheap and below 400m evaluation. It’s still a micro cap. Could move higher
Ken Griffin Charity OP Steven J : Explain how the company is cheap. What valuation model did you use to arrive at that conclusion?
AdamKing Ken Griffin Charity OP : Well thanks for the hint. Short and made quicky profits within a day![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")