Market's view on Fiinu
Published on April 2024
- Stock watchers describe recent stock activities as a pump and dump scenario.
- Confidence is expressed by some individuals, suggesting holding onto stocks could lead to significant surprises.
- Concerns about potential dilution are raised, with suspicions that market makers are manipulating prices for major sell-offs.
- Predictions suggest stock prices might soar to over 10p, driven by stakeholders accumulating stocks.
- It is noted that funding challenges exist, requiring substantial amounts to avoid dilution.
- Discussions about banks necessitating significant capital for licenses and operations to function like other banks.
- Observations indicate an increase in buying activity without corresponding company announcements, raising questions about the causes of stock price movements.
- Speculations about potential upcoming positive news contrasted with fears of possible significant short positions.