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$IMRN
Please RETWEET so just in case this is a pump and dump, people can at least know the implications of what can/will happen on this ticker over the next week or so.
A Thread. https://twitter.com/jaytoppp/status/1285424883418255360
Please RETWEET so just in case this is a pump and dump, people can at least know the implications of what can/will happen on this ticker over the next week or so.
A Thread. https://twitter.com/jaytoppp/status/1285424883418255360
1. This stock is a low float. Meaning there is an incredibly small amount of shares out (3.7 million) for perspective $AAPL has over 3 billion.
When you see this, first thing that comes to mind is LOW SUPPLY.
When you see this, first thing that comes to mind is LOW SUPPLY.
2. Pumpers have got hold of this stock and blasting the news article all over the place about how their pill can help with the respiratory issues when you get covid.
Reminder that every day another pharma company is "ON THE VERGE" of a cure.
Same play different company.
Reminder that every day another pharma company is "ON THE VERGE" of a cure.
Same play different company.
3. Now its bad enough that news sources are already running this story but add on pumpers with 70,000 followers who only want to mimic the pumpers plays to get 1000% gains are going to want to buy the moment heavily when they start seeing others making insane returns.
Remember the LOW SUPPLY that was mentioned earlier? Will come into play tomorrow when every RH trader and their grandma is trying to buy shares of this company.
LOW SUPPLY + HIGH DEMAND =
PRICE SURGE
This is when you see all the Rocket Emojis and people screaming out:
LOW SUPPLY + HIGH DEMAND =
PRICE SURGE
This is when you see all the Rocket Emojis and people screaming out:
4. We have already seen the prices spike in AUS overnight. Already showed that this would be priced around $25 a share if market was open.
Also implies that $IMRN sees a big gap up.
My followers know how much I love to see a gap.....
Also implies that $IMRN sees a big gap up.
My followers know how much I love to see a gap.....
When the stock gaps up in the AM, every RH trader will be trying to push the buy button trying to get a fill and when they cant get it, they try to put in higher and higher bids pushing the price up higher.
5. Great example would be $UONE shown below.
$UONE has 1/2 the float that $IMRN has but with 1/5 of the news behind it.
Trying to show that the gains are there.... but just as quickly as they come, they get wiped out.
$UONE has 1/2 the float that $IMRN has but with 1/5 of the news behind it.
Trying to show that the gains are there.... but just as quickly as they come, they get wiped out.
6. The hardest thing for a new trader to do is to hit the sell button. You see insane gains and think you can get more.
Not taking gains off the table, not setting stop losses, not timing an entry correctly is what is going to destroy peoples accounts.
Not taking gains off the table, not setting stop losses, not timing an entry correctly is what is going to destroy peoples accounts.
I could be wrong and this is drug we have all be waiting for.
Pure coincidence that this stock is primed to be pumped and dumped yet holds the key to save everyone.
If it is legit, expect multiple offerings to be put out as that is always the next step to raise more cash.
Pure coincidence that this stock is primed to be pumped and dumped yet holds the key to save everyone.
If it is legit, expect multiple offerings to be put out as that is always the next step to raise more cash.
