WTF Is Up With AMTD
No way does a company with 25mm in rev get to a market cap of $300B by being backed by WSB. It had a higher market cap than our esteemed Goldman Sachs M&A. There has to be big names playing this wave, no?
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The most obvious pump n dump for collateral + news seeding "move on there's bigger things than GME" when in fact it's the only game in town. One of the underwriters for this company's IPO was Loop Capital, same place Anthony Chumpkumba works (see more of his brilliance on CNBC). This stinks to high heaven, but I think this backfires. It now cements a visual that if this is real, that the same type of run is conceivable for GME. That was a huge mistake I think.
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