DWAC just wow... 11 to 27

CaptainObvious said:
Might be the next DWAC. Huge volume and buying came in late Friday and during after hours. Rumor, emphasis on rumor, is that this company has Trump connections and may be affiliated with his new social media company. The buzz this weekend in big, so look for it to move Monday. Since I really suck at day trading I'll probably be a spectator, but if that's your game, this one is sure to have the movement.
Remark Holdings, Inc. (MARK)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
2.1700+1.2599 (+138.44%)
At close: October 22 4:00PM EDT
2.8600 +0.69 (+31.80%)
After hours: Oct 22, 07:59PM EDT
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interesting; thx!
mark22oct.jpg
 
KCalhoun said:
just wow. not gonna chase way tf up here, but may buy a bounce if it mean reverts to 4-5ish (not a recommendation)

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Just know that last Friday morning this outfit was for all practical purposes a penny stock with a following of bagholders who had bought in at 4 bucks or so earlier in the year. All of them will be selling at the open.
Far as a Trump connection the only thing I can find is someone on the board knows Don Jr. That's it. They also have business in China and the Chinese are getting big into the penny stock type companies, and pump and dumps are common. Bottom line IMO, however high this goes today, it falls back hard and fast. Is there money to be made? Yep, but you better be a well seasoned day trader. I ain't, so I watch and dream of one of my penny stocks doing the same thing.
 
No surprise in MARK, they're dumping it all for their profits. That's exactly what I would be doing if I was in this thing sub one dollar, and they're dumping it with market orders. They just want out.
 
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