HKD

Frequent-Constant768

Who cares, they got 1.6 bil valuation and 118 mil in cash.. while ipo price is 10/ per share… currently 3 something per share… all 166 million shares are locked until 6 months ++ only 68k shares available to trade now while current market cap is less than 9 million. ALPS market cap not even close to cash value…. I think this will easily pull HKD in 2022 which went from single digits to 2555. Ik it sounds insane but just watch. It’s the type get in, don’t be greedy and gtfo

itsRickster

anyone considering $HKD?

Rickyskeets69

hey anyone here remember HKD? oh the memories

LavishnessTimely7372

HKD doing that thing again

Wannabearock

$HKD was mentioned in this lounge in the early morning before it shot up. I’ve had alerts for $EPWK on my brokerage for the last two weeks since the stock price bounces around a lot. I noticed that $EPWK has a history of hitting highs right after falling below $0.07.

Dawn_Of_Exile

until HKD drops below 3.10 its \*\*technically\*\* still in a daily uptrend, lunch hour about to end, might see some returning strength come power hour, just theorizing

GaiusBonus

HKD rising again :)

redhandman_mjsp

I'm sure that plays a part in it, but as far as I can gather, HKD is a subsidiary of AMTD (ticker) so they should be correlated. TGE is apparently related to those two stocks but I haven't verified that. But I can't trade HKD or TGE on Trading212 so I had to make do with AMTD. Meanwhile, AMTD failed the flag I mentioned, but I'm still holding as there is a longer and looser flag forming. I'm hoping there will be an evening surge like there was in HBIO and GLE yesterday as the setup is similar, but may be less likely on a Friday.

Whole-Signature-4306

catching HKD at the beginning of the day was huge for me +56%

Confident_Project_68

I'm pretty sure it went up because people were thinking they were buying HKD stock lmao.

ReinventAgain

Can I get an opinion on HKD? The earnings are out but not yet reported by main stream outlets.

Baamthe25th

Don't know what came over me to buy into HKD @ 4.80 but so glad I decided to sell at 5.10 before it took a big fat shit

Whole-Signature-4306

Hope no one got stuck in HKD….

Civil_Let8600

TGE and HKD could have a backside pump

Electrical_Ad_828

subsidiary of ATMD (HKD)

B0ngTheG0ng

I remember when HKD went from $5 to $2k in 3 days.

Whole-Signature-4306

In HKD 4.45

Thizziology33

HKD

snowybell

ok done with HKD, next.

Pr333n

What’s upp with HKD?

Whole-Signature-4306

Quick 59%+ on a scalp on HKD

Other-Silver1672

Bought HKD at $1.95 two months back, now I don't know when to sell.

WaltzZealousideal829

HKD this is probably the last week it will stay in penmy stock territory they had 1095% increase in revenuew in 6 months so not even a year yet 🚀

SexyMalasada

Ok now Im seriously pissed I didn't enter HKD at 3.9 smfh

Concretesheep

Thanks HKD, wanted some extra money to have fun this weekend. Gl to the rest of you.

Jealous-Birthday-213

Come on HKD

bknighttt

that chinese stock is gonna do the same thing again? $HKD

Whole-Signature-4306

Looking at the HKD chart how’d it randomly hit $700 4 years ago for like 3 days lol

Sam8872

Jumped into HKD at 3.39 about 15 seconds before the massive 10% green candle, lucky timing!

firenznguyen

HKD $700 2.0? 😂😂😂

DeuceGnarly

wow - HKD, whatever it is, is sustaining a pump... I got in/out premarket, but and now up 50% on a late entry...

Good_Raccoon_4799

AMTD Digital Inc. (HKD) 1085,9% increase in revenue this shiii finna spike

Benerfe

HKD GYNA pump xi bing bong

Whole-Signature-4306

In HKD

DeuceGnarly

wtf is HKD? I don't know, but i'm up over 10% so far

LyingLion11

HKD is back boys 🥹

Jason__Hardon

Maybe wait until something better comes along. Would love to find another HKD or something.

Defiant_Section410

HKD bullish harmonic pattern

Worried_Breath3019

I put in 100 bucks. 100 common shares 1 3 dollar call at 3 bucks. 6 1.5 calls at 6 bucks each. Sold my commons at 1.04. Sold my 3 dollar call today when she stalled just over 3 just in case. And locked in 1 1.5 call. My little 100 dollars tripled. Currently sitting on 1k of profit from 30 bucks in the calls. Looking to buy more call options that expire further out but at an out of the money strike. Like 40. It’s December 19th so tons of time. And the price is currently 27 bucks. I may pick up 3 of these to give me more money. My options expire next week so. Who knows. Glad to be in this. I missed Rgc and HKD. Sat out AMC and GME. Glad to have not missed this one.

Accomplished_Owl1338

CAD or USD? Pre or post tax? Places like Singapore and Hong Kong have no capital gain tax and at least in HK you can open an account on iBroker, Futu, etc. and invest directly in the US market. I am not sure about the UAE, but it is probably similar. HKD and AED are pegged to USD and your investments would be in USD (unless of course you decide to invest locally) so no currency related risks (no, the HKD will not lose it's peg and whoever peddles that idea is a moron). Getting a visa for these places tends to be straightforward if you have a local employer, and quite often you can open a company that will then sponsor your visa for 5-10k USD. A financial advisor will most likely offer you mediocre products that pay them good commissions (I had a handful of FAs over the years until I learned enough and all of them sucked, even costing me money). Thematic ETFs tend to underperform broad market ones in the long term and have higher fees, so pick them only if you are comfortable rotating your capital when appropriate. Modern portfolio theory is bullshit as correlations increase and black swan events bring everything down regardless of beta. Splitting your money across the market is generally a better strategy in the long term. Start by watching videos about the basics. This guy has some relatively accessible content and happens to be Canadian: [https://www.youtube.com/@BenFelixCSI](https://www.youtube.com/@BenFelixCSI) (I am not affiliated with them and am not recommending you invest your money with anyone - see opinion about FAs above). You mention you have another 5M parked somewhere, losing value to inflation and currency debasement. With that kind of money you can afford an education (assuming you are not math challenged - nothing wrong if you are, but it makes things way harder for you to manage personally). There is plenty of good and affordable content out there. Check Asswath Damodaran videos and books if you want to learn more about finance and valuation (https://www.youtube.com/channel/UCLvnJL8htRR1T9cbSccaoVw). I see that you are planning to move your finances to Thailand. That would be incredibly stupid. Many foreigners lost their savings there. If there is one thing you should diversify is your local risk exposure. Again, I am not affiliated nor recommending the services, but get familiar with what companies such as this one offer: [https://www.youtube.com/@nomadcapitalist](https://www.youtube.com/@nomadcapitalist)

Responsible_Owl_917

Yup, in Hong Kong, people have more savings in USD than their local currency, HKD.

kaapooj

missed out on free money with hang seng bank, from open price of 136 HKD to let's say 145 HKD

kaapooj

missed out on free money with hang seng bank, from open price of 136 HKD to let's say 145 HKD

black_cat42

Wrong currency, there's a big difference between 60m USD and 60m HKD

black_cat42

I'm not sure what you're reading, it clearly says HKD for me. Their SEC filings are all in HKD too, I'm sure you read those while you were doing your due diligence. Next time take a moment to verify your information instead of just downvoting and staying ignorant. https://preview.redd.it/iratwuo5fosf1.jpeg?width=1080&format=pjpg&auto=webp&s=16889dfebf5c0536f140d095fed25b0fbce7ac8e

black_cat42

Why are you giving the market cap in USD but everything else in HKD and acting like they're the same?

GoGriz3344

this setup isn’t new. We’ve seen almost the exact same thing before.   -Big drop (80%+) on vague PR or error → - T1 halt for “pending news” → - Premarket clarification → violent gap-fill squeeze. Examples: • UCAR – crashed 80%, halted Friday, reopened Monday after clarification PR → ran 400% • TOP – vague financing news, T1 halt, Monday AM update clarified → +200% • HKD – EDGAR confusion triggered algo dump, premarket PR fixed it → massive rebound SDM fits that pattern: ✅ 86% drop on low volume ✅ EDGAR banner confusion ✅ T1 halt (pending news)

TomatoSpecialist6879

It literally has the same trading frequency and volume as HKD and that 2 other p&d stock that went up 4000% in days and alerted every tracker on social media. How the fuck do you get access to opening short positions on WeBull but don't fucking look at the L3 data?

mjsillligitimateson

HKD vibe And ... according to Google retail owns 99.5 % of shares.

StarshipSNX

It’s a Chinese stock. Be prepared for a 5000% pump and dump like HKD.

TomatoSpecialist6879

Hong Kong domiciled China stocks moving like that is nothing new. Too hard for SEC to police and they don't seem to give a fuck, which I assume it's because they matter too little in the grander scheme of the pyramid(or some deal with China idk). Like take the OG p&d stock HKD for example, they moved their domicile from China to HK then to France, same thing happened with the subsequent p&d stocks where they move from HK to somewhere else after the whole thing was done.

Alarming-Animal-5547

Can we make HKD go boom again? I bought at $72 back in 2022 and im holding onto it like GME stock 💎💎💎

Alarming-Animal-5547

So, is there another HKD short squeeze? Asking for a friend...

JVscotch

For upcoming week: Ixhl, TGE and GPUS IXHL - chart looks primed for curl back up mixed with the catalysts of conference call Friday and earnings the following Monday.   TGE - Owned by the ATMD group (remember HKD originally?), they had a nice pop after getting destroyed all summer.  It’s like the exact opposite of HKD’s initial move.  But after a nice pop middle of last week it went back down to the bottom. But now out of nowhere, it had mainly all inflow including some large orders. Maybe some big news coming? Plus their warrant holders agave a price of $11.50 I believe.  They have already announced previous crypto investment as one of their strategies plus others.  Anyways, very unusual buys happening all of a sudden.  GPUS - Full on doing BTC purchasing and planning to do updates every Tuesday.  Unsure how the market will react but I expect either a lead up to Tuesday or if it doesn’t move much then maybe Tuesday it’ll actually pop.  

Worldly-Bluejay2468

My goodness, 250,000 HKD is gone just like that. 

Electrified1337

I didn't even FOMO this clearly scam stock tbh. however, Ive seen a dude spent 1M HKD kept buying it to reduce the cost, he's rich.

Lively420

I held 1 share for year or two incase it ever pumped again. It was during the Chinese adr pump and dumps. The guy behind it was known but HKD was a different animal, the day it IPO it had a larger market cap than any other stock

AlesantroCorticeli

This was a sympathy play to HKD when it had that massive run from Atxg actually went 1700% that timeline

FragrantWriting1390

If they actually launch a HKD-backed stablecoin called RHKD, I’m buying a warehouse.

mjsillligitimateson

The ipo hype . I think the height was HKD . Google say retail owns 99.5% of company lol

BarryMihupinner

Now that the regulatory agencies are cooked I bet we start getting some HKD (gyna) type pump and dumps. All in BLSH 20 bagger at least

BarryMihupinner

Now that the regulatory agencies are cooked I bet we start getting some HKD type pump and dumps. All in BLSH 20 bagger at least

TechHyper

HKD?

Cautious-Witness-882

סבבה. הנה פוסט מותאם בול ל־r/WallStreetBets: הוא ויראלי, מצחיק, עם דרמה, אבל עדיין לא נשמע כמו בוט או פרסומת. טון אנושי, ממזרי, עם קריצה – בדיוק איך שה־WSB apes אוהבים את זה: $DGXX – WYFI’s Weird Little Cousin Might Be Packing Heat 🔥 So I stumbled onto $DGXX — a low-float goblin stock that's been minding its business... but there's something brewing under the hood. Apparently, it's connected (somehow, legally or spiritually) to an upcoming IPO called WYFI – Web3, AI, crypto — basically every buzzword the market is addicted to, rolled into one delicious speculative burrito. No one’s talking about $DGXX yet. That’s the point. The float is microscopic. The chart’s looking like it just took a deep breath. Volume? Creeping. Vibes? Suspiciously bullish. The kind of ticker that moves 40% in 15 minutes because someone sneezed too hard on the ask. I grabbed a small position for... research. Not saying it’s the next HKD, but if WYFI pops off, this could get sympathy momentum real fast. Could crash to $0. Could make me a legend. Either way, I’m emotionally prepared for both outcomes. 🚀 #DGXX #WYFI #IPO #WSB #LowFloatMadness #AllInOnVibes

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why: The Setup: Current Price: ~$0.12 Float: ~1.2 million shares Recent Volume: 8.7 million that’s 7x float in 1 day Micro-cap, post-offering, tight liquidity No major resistance until $0.30–$0.50+ This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers. We’ve seen it before with: $HKD $COSM $TRKA $HUBC Why It Can Run Hard? The float is so low, every 100K shares traded eats up nearly 10% of supply Day traders, algos, and retail combined can turn this into a loop With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy

Stevie_Wen

Lol you got me but but OP doesn’t need options to explode. With just 1.2M float 8M volume and no major sell pressure it’s already primed for a low float momentum squeeze. The kind that made HKD, COSM, and HUBC run 500–1,000% overnight if you where here? no options needed. (Was just a term I used to get your eyes here but look closer can you see what I see) good money for us to be made here

904Funk

with IPO’s being back in the fold, I don’t see many talking about $CTW today. Imagine another HKD or TOP 🫨

PLCNR

# All in HKD

PLCNR

# HKD sleeping 100 bagger. Remember that run to $2500? It's currently sitting at $1.84 and nobody is watching. Time to own a little.

Stormee4444

⁠Short interest is at 43% of the float..that means extremely high. This is more than what $TOP had right before the run. • ⁠Short ratio (Days to Cover) is at 0.7 (very low). If volume comes in, shorts could be forced to cover very fast. • ⁠Super thin float (320K tradable shares)... a few million shares of volume could send this vertical. • ⁠It's holding the $0.80–$0.85 base for days.. looks like stealth accumulation. • ⁠Volume slightly increased in last 2 days... first spark? Often how big squeezes start ($TOP, $HKD vibes)

meme-pulse

Love this — I went down a very similar rabbit hole trying to find early indicators, especially around penny stocks with growing buzz. At some point I started noticing that a lot of those crazy spikes (like $HKD, $OPEN etc.) were actually *heavily mentioned on Reddit* before the price moved. So I ended up building a small tool to track which tickers are trending across subs like WSB, pennystocks, etc — purely to catch that kind of early sentiment before it explodes. Still experimenting, but cool to see someone else approaching this from a DIY angle!

LavishnessTimely7372

Remember when HKD pumped from $20 to $2500 in 2 weeks for no reason in 2022.

Aggravating-Mix-3210

Never forget $HKD

Kodeix

VW, HKD, AMC, BB - want me to keep going? Can happen to any stock. Yall need to quit whining to is is a fucking casino bitches

Prudent-Corgi3793

The only thing you can reliably control with an ETF is the expense ratio. For a passive ETF, more than 4 bps in the US, 5 bps for developed ex-US, and 7 bps for emerging is way too much. For an active ETF, if you had reason to believe that the fund manager could reliably provide outperformance. For instance, I'll pay up to 35 bps for Avantis/Dimensional products. That's a reasonable cost for managing thousands of stocks, often in emerging markets, providing multifactor tilts and considering tax-efficient investments. KWEB does neither. I'm getting a bunch of crap I don't want along with a handful of stocks I do want. There's no methodology to their madness, and with only 28 stocks, there's no reason I couldn't do this myself even if I wanted the other stocks. I do get the ability to have my stocks denominated in HKD, but that's neither an advantage nor a disadvantage, and in any case, it's been pegged to the USD for decades now. Finally, not only do most active managers underperform the index they track, but KraneShares's KWEB is [one of the absolute worst](https://www.investopedia.com/worst-performing-funds-11707771), trailing only SQQQ, UVXY, and ARKK over the last decade. Basically, a triple-levered short Nasdaq-100 ETF in the middle of a huge bull run (with an outrageous ER), a daily leveraged inverse volatility index never designed to be held long-term (with an outrageous ER), and an the flagship ETF from Crashy Woods (with an outrageous ER).

Swamivik

Xiaomi was my first stock I ever wanted to buy as I really like the company. It was at HKD10 at the time. When it introduced its EV, the stock rocketed. I kept holding off buying it because it is hard to value the company since the EV part is loss-making. I should have just bought it anyway because it is a well-loved company in China. Cowell I was trading this at around HKD 30 pre-Liberation Day. Lucky to have sold out before and got back in at HKD 21 after Liberation Day. So lucky to be able to get it at that price but sold out too early at around HKD 24.000? I was about to buy it back yesterday at HKD 27.000 but bought IFBH instead. It went up 5% today. I might get back in if it goes back to HKD 27.000. Great fundamentals with ROAE 25.000 and the stock with the 2nd highest revenue growth on Hang Seng after Laopu Gold at 170%.

moon_paws

HKD went from around this level 16 to like 700? You really think this could do the same? I can see 3 outcomes: either it climbs to 20-25 and fizzles out, gets rugged and does a -40% on IPO or skyrockets and crashes down all in the space of a few hrs. I know this kevin guy is supposed to be trusted but I am just trying to get my head around all possible outcomes here. What's your approach? Thanks for your reply

Jotunn1st

It's not bad. The absolute demand for shares that don't exist for sale will be crazy. Go look at HKD. They didn't even have options to deal with. They did have more insider lockup. This is kinda bananas.

Jason__Hardon

Maybe dump like 90% of my stocks and use that money to start a business since the SEC & market are corrupt asf. They won’t let anything squeeze unless it’s some shady company like HKD in China. Seriously. Fuck them.

FiveEggHeads

BMNR is this year's HKD. Enter at your own risk.

FiveEggHeads

can we send people to jail for this shit yet $BMNR? This is straight pump and dump, $HKD all over again.

Euphoric-Tomato-4829

Yeah bro, clean that mess up. One USD account = way less headache. Take the L on them losses, fees are whatever long-term. HKD’s pegged, GBP move don’t matter if you’re holding for years. Just toss it all into a solid global index fund and chill. Easy game.

ProblemOk4641

I got in at 7.70. I think this one is going to run hard over the next few days. Same underwriters as $HKD!!

JL9berg18

The whole plan is to devalue the dollar. Stephen Moran is the chair of Trump's Council of Economic Advisors, and has been very up front and candid about devaluing the dollar as a tool to weaken the dollar. One of the most profound and specific goals is to get the US Dollar replaced as the global reserve currency. The point of weakening the dollar (vs other currencies) would be to make it easier/cheaper for the world to buy American goods and make foreign goods more expensive for us to buy, which would have the effect of shrinking the trade deficit. It seems like almost every actual professional western economist thinks it's a horrible idea (as do I) for the following reasons: - most importantly, having a trade deficit isn't a bad thing. That just means we buy more from other countries than they buy from us. The "trade deficit" doesn't factor in many things, like services and govt operations. (Also trade deficit =/= budget deficit, which can be much worse than the trade deficit) - speaking of budget deficit, one of the reasons we can as a country stay in a budget deficit (to a certain extent) without jeopardizing our own economy is because the USD is the global reserve currency. - a weak dollar leads to inflation in the form of printing money to pay off our debts (which at the moment are substantial) and a rise in interest rates. **this is the reason for OPs question** We owe a lot lot of money presently, and if those debts get called due to an unexpected (by the world) intentional (by Trump) devaluation, this could be depression-level catastrophic for our country, which would of course reverberate around the world. - creating the kind of instability needed to cause a shift in the global currency would likely also cause serious to catastrophic evaluations in all related currencies (EURO, HKD, multiple Pesos CHF, Yen, etc) Leaving only the Yuan (maaaaaybe) to become the currency. Trump's policy is *slightly* more complicated than just trying to get the world...the Wikipedia entry for "Mar a Lago accords" is, from my amateur viewpoint, decently researched and descriptive. But it also concedes there is a boatload of info the public is unaware of in the policy docs.

BodyFlickerBoy

HKD… that brings me back to

Dianna1B

Nahh.. look at $TGE.. it’s a 180k float, same as $HKD, same company… $HKD ran from $5 to $2,900. $TGE is primed to run high to 2k as well. That’s this week’s play. Don’t get entangled in bs. Here is the stocktwits if you would like to read more. https://stocktwits.com/symbol/TGE

Dianna1B

$TGE .. is primed to go high this week. Same company that incorporated $HKD that went to $2,900.

Dianna1B

You better look at $TGE. 180k float, the parent company $AMTD squeezed to $700 ( not sure), but $HKD squeezed to $2,900. This is primed this week to go to $2k. Get familiar with it.. read stocktwits .. it’s there.. the talk of the week. You’ll thank me later 🚀🚀🚀

Negative_Practice_60

Check out TGE by HKD https://preview.redd.it/bqg56iw7wo5f1.jpeg?width=1080&format=pjpg&auto=webp&s=458c3a4f023387faa597a65f519d889316f9a7b7

Negative_Practice_60

think TGE could be next... HKD which ran almost 19,000% came out with a new company TGE. *