/biz/ - Business & Finance

>>58100053
I hope this is the last time I have to explain this.
I don't know shit about fuck and this chart is speculation based on the following things that I believe to be true.

-there is several entities that hold unclosable short positions on this stock
-this people need this thing to go to 0. every day that does not happen they keep bleeding money.
-not only that but they are also forced to double down on their short position because the price reaching 0 is their only win condition.
-this entities use HFT algos to control the price
-they don't have full control, otherwise we would be at 1$ and they would have closed
-the price can't go too high either, or the bleeding turns so bad, that the algo would need to start force-buying and shoots the price into infinity.
-some finance guy confirmed this on live TV in 2021. he said, had the stock not been halted, it would've shoot up "into the thousands".
-I assume this ceiling decreases overtime too, as the bleeding increases.
-there is two very prominent trends followed in the chart. both are parallel. decrease at a exact rate of 10$/month pre-split, and reach 0 at the end of the year and 3 months afterwards. this is extremely algorithmical, no? this two lines will be in picrel.
-if you extend this trend across all the chart it also coincides with the price being pushed to lower channels.
-I like to think that at the end of the last line, the one that coincides with the top of the peak in 2021, the price shoots up "into the thousands", as that guys on TV said. thus making the deadline for this thing to go to 0 december 2024.

If I'm wrong about this I will not give a single fuck or sell. I have warned several times this is speculation on future price movements (but so far it holds true). the main thesis remains the same regardless if I'm right or not.