The real action happened on the days leading to that June 6 peak, when it hit $5, and it has already retreated. This is a straight pump-n-dump operation and I’m surprised there has been no crackdown on these in reddit...
He is almost 100% positive the funds and larger firms are pumping this market to get newer retail investors to buy in and right now we are at the top or close to the top of one of the largest bear markets we have seen in a long time.
He expects maybe 2-3 weeks of small but choppy rise in the market to hit around Feb highs. Then you will see big time collapse that will make what we saw in Feb seem tiny. Then we will enter a bear market for a good 12-16 months.
Right up there with "4chan elected trump" and "immigrants have ruined the economy"