I have decided to reopen my $LUX position here.
It's down heavily from ATH. That's why I'm interested.
Clearly a new founder. But the tech works, the cards exist, and the system behind them is already sorted.
There are no other RWA gacha plays on RH right now.
Down here it's an asymmetric bet. If he pulls this off, it's a multi million dollar token. If he doesn't, it's a small position that didn't work.
Nothing here is financial advice.
Do your own DD before touching anything.
-Lem
@ipaperhand I donβt want to be the centre piece of the movement, I am just an analyst and documenting my findings.
I donβt want to put myself under investigation or get in any trouble for market manipulation
Anyone can move a stock now but we haven't seen a proper short squeeze since the GME movement.
It doesn't matter how high a stock goes if there are no trapped shorts. That's what makes QUBT special: there are trapped shorts, and the bear case is off the table. This is a company sitting on ~$1B in cash. It is not going bankrupt.
It would take shorts 7 days to cover, because there isn't enough stock traded daily. If this squeezes, they are forced to buy, no matter the price.
I believe bet we see a proper short squeeze on a stock using on chain as the mouthpiece. It may be QUBT and $QI, it may not. But when it happens, there will be no price targets. Forced buying has no ceiling.
Up only.
Not financial advice.
-Lem
I know $BBM will probably get overlooked with everything happening onchain, but there's a reason it's my first trade in the public wallet.
It's very close to being the perfect token. Cult, RWA, meme and nostalgia in one.
The cult lives inside a nostalgic ecosystem built into a BlackBerry phone, something we've never seen before.
Everything you need is inside the BlackBerry phone. Come find me on the website and you'll see what I mean.
BlackBerry is a stock CT already loves.
When people catch on, $BBM has the potential to do what most memecoins never manage to do.
It's a very interesting experiment.
Full disclosure: I've become part of the community. Judge the thesis on that basis.
-Lem
Second trade in the public wallet: $LUX.
There's a massive gap in the market for RWA cards on Robinhood Chain right now, and it's a massive market to have a gap in.
Lux still looks like a startup but everything already works, and the founder seems hungry. That combination is usually where the asymmetry is.
If the founder can deliver, this token will be in the multi millions in no time.
Thesis to follow.
-Lem
Second trade in the public wallet: $LUX.
There's a massive gap in the market for RWA cards on Robinhood Chain right now, and it's a massive market to have a gap in.
Lux still looks like a startup but everything already works, and the founder seems hungry. That combination is usually where the asymmetry is.
If the founder can deliver, this token will be in the multi millions in no time.
Thesis to follow.
-Lem