MrRenev

Red alert: Idiots are selling! [Entertainment & lesson]

Education
AMEX:USO   United States Oil Fund
We have a code red. I repeat, we have a code red.

I can barely breathe! 🤣
I'm crying

After USO had their reverse split, the price gapped up.


You can check it on robintrack, first there was a strong decline which might be all the people so wiped out they could only afford <8 shares (LOL), but then even after this it keeps going down!
robintrack.net/symbol/USO

It only went up before you can check for yourself. Since february they have only kept buying, the number of holders line never went down even for a day no matter what.

And now even after the initial drop that might be explained for other reasons number of holders went down by ~7%

There is only 1 explanation: These masterminds thought the price really went up, and they outsmarted institutions, and have locked up profit 😆

Now I don't know if Robinhood had an erronous display, or if they only show the gains since the split maybe (so investors saw green and thought they got their money back), perhaps some are doing "automated trading"?

All I know is the price rallied up because of a reverse split and a group of people known to be stupid and have been strictly buying for 2 months without even 1 day of pause, have started selling.

These can't be humans... They must be... something else...

Hey so if a really solid company made a 1 > 10 split all the animals would be aggressively buying thinking the price dropped 90%?

Making money in markets isn't that hard if you take it seriously, just look what kind of absolute imbeciles we are playing against!

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