Sep. 4 at 11:13 AM
Sono Group
$SSM at
$3.61:
Who's buying at this price?
The 283,500 share buyers paid
$2.67 (Aug 28). They're up 35%, locked for 180 days.
Anson bought 142K shares in June at ~
$3.50. They're up 3%, but getting diluted into a sports shell.
Yorkville isn't buying. They're exiting via call option.
Sports One owners aren't buying. They get >50% FREE.
At
$3.61, the only buyers are:
Retail with FOMO who missed the 59% pump
Day traders riding momentum
Speculators betting this goes to
$5-10
This is greater fool theory in real time.
Fool #1: Paid
$2.67 (locked 180 days)
Fool #2: Pays
$3.61 (today)
Fool #3: Pays
$5.00 (next week?)
Winner is whoever sells last.
Smart money isn't buying at
$3.61. Smart money is SELLING into this pump.
