Jul. 7 at 3:18 PM
$WTO It's really disappointing that Stocktwits.com promoted this stock as a trending pick in 2024. I have no idea how much they were paid to feature it, but it certainly looks like a business deal—and apparently a profitable one.
Holding since 2024.. I've averaged down over and over again to lower my cost basis, but it hasn't made any difference. How many reverse splits have we gone through since 2024? Eight?
We're told that employees each own more than 10% of the shares. Ironically, they seem to be the only ones who have made millions from this company. Apparently, lock-up periods or long-term commitment don't apply to them. What a joke.
And yet there are still users calling this their "top pick." You never hear from them when the stock is collapsing, but as soon as it jumps 200%, they suddenly appear to celebrate—as if they actually owned shares the whole time.
Stocktwits.com is a business. Companies pay for exposure, and stocks don't become "trending" by accident.