Alerts in the pre market are pretty crazy
Hits 52 week high then boom straight down. Did this price trigger a massive sell? Very interesting.
(Tried to remove the background and AI screwed up the text. The stock went down 10.2%)
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83 sats \ 1 reply \ @kurszusz 10 Jul
Nothing special happened...the Whales are playing.
Btw...such "actions" are there. so that money "migrates" from the pockets of stupid people to the pockets of smart people ;)
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10 sats \ 0 replies \ @BlokchainB OP 10 Jul
And it was a buyout take over
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65 sats \ 3 replies \ @Cje95 7 Jul
CoreWeave is buying them out!
All stock $9 bil deal or about $20.40 a share!
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10 sats \ 2 replies \ @BlokchainB OP 7 Jul
Ahhh I see but why the violent price movement down after hitting 52 week high which is well below buyout price?
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93 sats \ 1 reply \ @Cje95 7 Jul
I have some ideas but they aren't exactly great… there could be crypto people dumping the hell out of it or since it wont be done till the 4th quarter the run up triggered a lot of sells and now the sells are triggering more
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0 sats \ 0 replies \ @BlokchainB OP 7 Jul
Yeah that would be my guess as well
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