alt Hacker NewsThey expect locked up shares to hit the market in August and tank the price
Replies
da-x • yesterday at 4:34 PM
That could happen, but should also consider that it's often the case with lockups release that they do not inflict much change on the stock price, but only if there's already enough trading volume on the stock due to other market conditions.
➕ show 1 reply
They also see one of the most ridiculously overvalued stocks of all time and want to collect easy money.