[Ads-l] Swarm Trading
Dan Goncharoff
thegonch at GMAIL.COM
Thu Apr 22 16:29:47 UTC 2021
Seen today:
"A new term is hitting financial markets called "swarm trading." We've seen
the trend many times over the past year, ranging from the GameStop (GME)
and AMC (AMC) short squeeze to the Hertz (OTCPK:HTZGQ) bankruptcy bid-up
and Kodak (KODK) craze that preceded it. Other events that did not fare as
well was the highly publicized "Doge Day" (DOGE-USD) this week that was
supposed to take the crypto to $1. The tactic sees people pile into these
names, ignoring fundamentals, technicals and other catalysts, until the
last trader is left holding the bag."
https://seekingalpha.com/news/3684396-hometown-international-is-delisted-from-an-otc-market
DanG
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The American Dialect Society - http://www.americandialect.org
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