Remember those influencoors shilling Bitcoin Treaury stocks?
How is that working out ? $NAKA
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Brb buying more $NAKA here
Any sense on what’s going on here? Seems very oversold and much beyond what’s been happening to other Treasury Cos. Down another 50% pre-market 🤯
The pipe was at $1.12 so it basically traded down to the pipe price where 750 million sits.
My take: Shenanigans that always come with early IPO and major mergers. Early money exits in whole or part, new money enters on fomo and headlines, smart money v dumb money, then shake out the weak and revalue to market balance, etc.
My take: Bitcoin Treasuries arent going to save the Boomer Stock Market scam.
Probably sound advice. Let these things season for 6-12 months and consider only once the market has worked in a few cycles of price discovery.
Now that $NAKA is back near its pipe I picked up some more shares.
Not investment advice or anything. It could dump further from here.
Just a disclosure for anyone who heard me talk about nakamoto on what bitcoin did.
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Thats the one. A penny stock shilled by Stephen Lubka (formeelrly Swan).
never heard of him
