The DWAC business got out of hand and caused a frantic buying spree into an array of RIGHT WING AM radio and marketing stocks — the likes I’ve never seen. Perhaps the market was bullish on the specter of RADIO RUDY! and BANNON TV. But what quickly was ebullition turned into flammable motor oil dripped down the faces of men of MAGA. The financier of DWAC announced they sold out of their position — the stock ran from $10 to $175 in two days, warrants from $1 to $70. All of this caused the market to heave over and give way.
Every single AM radio stock strewn and shredded. I gave back HALF my gains and hedged via TZA and UVXY as soon as I saw the rapists cavorting. Shortly after, Powell talked taper shit and I sold my UVXY and TZA into that — because the opposite.
I am nearly 80% cash now with small position and very little appetite to risk anymore. It was a nice run, but short lived, and now the market is completely broken — FESTOONED with Men of MAGA with motor oil dripping down their faces.If you enjoy the content at iBankCoin, please follow us on Twitter