Aug. 19 at 7:41 PM
$ILLR So amusing seeing all the new people show up when the stock spikes, and then everyone complains the next day about the price going down.
Look at the volume. The volume today is 4% of what we had the previous day.
Yesterday it took just
$800K worth of shares being bought to pump the stock up by 50% in a matter of minutes. And that's just after one little tweet that basically signals that Triller management is still alive.
Once we get actual material events taking place, such as the auction, and other things that show the company's value, this can easily go back into the multi-dollar range, in my opinion. It might even take until Q3 financials are out for it to stop dropping back down after every surge.
Just because someone is selling shares at rock bottom prices at the flea market doesn't mean anything about the value of our holdings once real trading picks up.