Hard to say what has happened in the past week, but see below. In any case, I believe PA is about to reverse.
YYAI Facts:
- YYAI has authorization to issue $200 m ATM shares
- YYAI has agreed to fund their new venture for $250 mil along with a second $250 mil from JuCoin
- YYAI has received $30 mil in SOL (see my other posts)
- If YYAI issued shares totaling more than approximately 20% of outstanding shares, they would need to file an 8-k within 4 business days of issuance, or else face legal problems
- There has been no 8-k and we are on day 5 post-dumparoo
- YYAI daily volume has gone 1000x from typical days (why?)
- YYAI short volume has been 5-10x the current outstanding shares
- YYAI is down 94% from two weeks ago
The question remains, was there dilution, if so how much? If no 8-k this week, can assume there was none or little (or worse, company is fraudulent).
If no 8-k the dump is from a massive coordinated short attack.
If dump was a massive coordinated short attack, price will likely rebound, unless attack continues.
YYAI Facts: - YYAI has authorization to issue $200 m ATM shares
- YYAI has agreed to fund their new venture for $250 mil along with a second $250 mil from JuCoin
- YYAI has received $30 mil in SOL (see my other posts)
- If YYAI issued shares totaling more than approximately 20% of outstanding shares, they would need to file an 8-k within 4 business days of issuance, or else face legal problems
- There has been no 8-k and we are on day 5 post-dumparoo
- YYAI daily volume has gone 1000x from typical days (why?)
- YYAI short volume has been 5-10x the current outstanding shares
- YYAI is down 94% from two weeks ago
The question remains, was there dilution, if so how much? If no 8-k this week, can assume there was none or little (or worse, company is fraudulent).
If no 8-k the dump is from a massive coordinated short attack.
If dump was a massive coordinated short attack, price will likely rebound, unless attack continues.
Uwaga
***I don't think longing significantly is a great idea. The stock has been shown to be shady, at best. However, I think from here one could see 50% or more gains. Take small wins, set your stop loss.Uwaga
Brand new Form 4 filing confirms there was no significant dilution last week, and affirms the dump was a coordinated short attack. Total shares still around 14 million.sec.gov/Archives/edgar/data/1674440/000209162925000003/xslF345X05/primary_doc.xml
Uwaga
Still scratching my head about the massive dump and volume. Normally would indicate dilution, but there is no report filed, and latest Form 4 indicates a max of ~32 million shares.Uwaga
looking gucciUwaga
less gucciZlecenie zamknięto ręcznie
I'm out. Absolute dumpsterfire.Uwaga
Hope someone with more conviction than me did well here!Uwaga
They just announced a RS and that they have about 950,000 shares outstanding. Dump this piece of shit while you still can.
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