I have a hypothesis:
WSB must have been hit hard in the past week's flash crash in the crypto market..!
Ever since I noticed they can not do their usual Pump and Dump, or better to say Dump-Pump-Dump.
It seems they ran out of steam and now they pick smaller projects.
These companies have some mutual features:
A: less than 2 years history
B: flat for a long time with no meaningful trading volume
C: initially below 500 million market cap
Company rank based on WSB mention rank:
1- NYSE:IRNT: From 213 Million to 2.7 Billion, short interest %:0.64%
4-
TMC
: from 370 Million to 3.7 Billion, short interest %:1.07%
5-
OPAD
: from 452 Million to 2.8 Billion, short interest %: 2.4%
WSB must have been hit hard in the past week's flash crash in the crypto market..!
Ever since I noticed they can not do their usual Pump and Dump, or better to say Dump-Pump-Dump.
It seems they ran out of steam and now they pick smaller projects.
These companies have some mutual features:
A: less than 2 years history
B: flat for a long time with no meaningful trading volume
C: initially below 500 million market cap
Company rank based on WSB mention rank:
1- NYSE:IRNT: From 213 Million to 2.7 Billion, short interest %:0.64%
4-
TMC
: from 370 Million to 3.7 Billion, short interest %:1.07%
5-
OPAD
: from 452 Million to 2.8 Billion, short interest %: 2.4%