Elon's Effect"Truth Social is currently beating Twitter & TikTok on the Apple Store" this tweet from Elon Musk could be enough to pump it higher..!
This is the effect of Social media, and Elon Musk knows it better than anyone else..!
I believe SEC should investigate Buyers of (out of money call) options on DWAC..!
A company with a 1.5 Billion USD market cap and less than 100 million USD average daily trade value could not be among the top 10 most traded options, unless..!
I do not want to talk about what he already did in the Crypto market with Dogecoin, Bitcoin, or his famous tweet (Canada, USA, Mexico)
But,
How you can justify this:
1 day before he published his famous poll on Twitter, Tesla's options trading volume increased by 3.5x, and the TSLA Put/Call ratio jumped hugely..! (2.29)
or his brother selling his stock just before a 37% crash:
You may think I (the writer) am delusional, but what if I am able to explain the mathematical theory of Market manipulation by Social media..!
What if that theory could explain the cornerstone of Robinhood or Wall Street Bets?
Think about it.
Think out of the box.
Dig History, go back more than 100 years..!
What if Elon just needs Twitter for Analysing its data and using its data in the Financial and Crypto Market???
I shared this before market opening today:
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
DWAC
Wall Street Bets has changed the plays rules!Before the last flash crash in the Crypto market, WSB tends to play with big names: AAPL, AMD, NVDA, MSFT, PFE, MRNA, and ..etc.
But after September 21, 2021, they change their plays o very small companies, and instead of 2-3 weeks, they do daily plays!
Today they create this.
WSB's mentioned tickers:
Rank 1: DWAC
Rank 4: PHUN
Rank 9: BENE
Conclusion:
Be careful, you may be on the wrong side of the trade at the end of the day..!
If you like to read more about how they play you can read my previous article about it:
