May. 20 at 11:24 PM
It’s all coming back now; around the same time
$Z got jammed up with IBuy as a result of also dipping its toe into the pool of euphoria….
(HGTV had 1/2 the country thinking flipping houses was easy enough were a cave man could do it)
….these guys started to see upward movement
$LC $TREE $UPST and fan favorite
$OPRT after having been near lows for multiple Q’s; similar to the current setup.
When it was all said and done, OPRT increased 1X from
$6-12 and LC gained 2X (pre reverse split price) if I’m not mistaken (going off of memory):
What wasn’t known at the time but was later revealed was The Fed was issuing in an unexpected rate hike season and a lot of folks (over leveraged on CC’s and market speculation) started turning to Pay-Day and high int. sub prime lenders…..
….all that to say more and more a 2022 semblance is forming pointing to rate hikes which will lead to an unexpected pullback at these euphoric levels.
Bingo.
Took a while to get there but I still got it.
