Sep. 11 at 1:58 PM
$CDTG i think what's happening is that the float is getting bough and locked every day. this is just my opinion and analysis. not trying to influence anyone here. but I have seen this behavior on other IPOs recently. For instance
$ANPA . That was a low float IPO. People as usual tried to short it to the ground (and then they say it was a scam). And then the float started getting locked, meaning whoever was buying were not willing to sell. Then the spread started getting bigger and bigger. and then it shoot up every day. That is why I like the bigger spreads. Better chances of getting squeezed. I am hoping that short sellers shall pay the price here as well. This is just all my opinion, do your own DD. I am here