Anyone have a guess at this..
Lastly, I revealed my #1
crash stock. It’s a mid-
cap company trading on
the New York Stock
Exchange for $27.30 – a
company whose price
(artificially and
erroneously) rocketed
higher on the merits of
its Metaverse-related
business segment.l
expect the crash to be a
real bruiser
The company currently
trades for only
$27.30 per share….article from Andrew Zatlin.
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
That ad had a “February 13” deadline, but was also dated “November 2022” — given the pricing at that time, I would guess that the most likely target is probably Roblox (RBLX), though Unity (U) would also fit — not enough details to be certain of any match.
RBLX reported surprisingly great fourth quarter numbers this morning, as it happens (though their losses keep getting bigger, too), so hopefully he wasn’t betting big on a quick collapse there. Unity is likely to report next week.
Thanks for the reply and insight. Guess we’ll have to see how Unity does.
anddrew Zatlin – whats up with the FEDNow?