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Started By
Message
SOS - new WSB pump
Posted on 5/6/21 at 2:35 am
Posted on 5/6/21 at 2:35 am
Next WSB pump stock appears to be SOS, a Chinese insurance company that also does crypto mining. It’s a small cap at ~$700M market cap right now, which normally isn’t allowed on WSB, but apparently they’ve stopped moderating that rule.
The pump started overnight and hasn’t significantly impacted share price yet, but SOS is plastered all over WSB. I’m not vouching for the company here specifically, I haven’t researched enough yet. I have a small speculative position, but will likely buy more just for the ride now. The potential for WSB to truly pump a small cap stock is why small caps haven’t been allowed on WSB in the past, but definitely worth the risk/reward for now.
The company did post massive earnings yesterday and is pushing big guidance growth numbers long term. It’s also getting a lot of hype for having a huge crypto mining setup larger than competitors. There’s also some other weird elements to it that make me question how this company relates to the Chinese govt, but I haven’t seen that concern elsewhere.
Enjoy
The pump started overnight and hasn’t significantly impacted share price yet, but SOS is plastered all over WSB. I’m not vouching for the company here specifically, I haven’t researched enough yet. I have a small speculative position, but will likely buy more just for the ride now. The potential for WSB to truly pump a small cap stock is why small caps haven’t been allowed on WSB in the past, but definitely worth the risk/reward for now.
The company did post massive earnings yesterday and is pushing big guidance growth numbers long term. It’s also getting a lot of hype for having a huge crypto mining setup larger than competitors. There’s also some other weird elements to it that make me question how this company relates to the Chinese govt, but I haven’t seen that concern elsewhere.
Enjoy
6
Posted on 5/6/21 at 5:45 am to Upperdecker
I’m actually holding this one already. First time I’m in on the “ground floor” of a WSB play. I’m not getting my hopes up, though. Up 6% PM.
Posted on 5/6/21 at 6:45 am to Upperdecker
Good, I'm ready to no longer baghold...
Posted on 5/6/21 at 7:27 am to GhostofJackson
I felt good about getting in around 6.50 a few months ago. Should have taking my 30% gainz and walked away
Posted on 5/6/21 at 8:13 am to DawgCountry
One more plus for this, Ethereum is pumping hard right now, up 56%. SOS mines Ethereum
Posted on 5/6/21 at 8:18 am to Upperdecker
I bought 50 shares last night of SOS which I will hold on to for the next couple of days.
Posted on 5/6/21 at 8:38 am to MrLSU
I’m a holder for a while now. Earnings were released yesterday which seemed to pop it a bit. Those earnings were pre any mining as they are just getting started. There was some scam fud, quite a bit actually, but they came out yesterday and asked Hindenburg to retract his statements. Think that’s all the current news. They should be announcing soon they’ve received their 3rd batch of rings and they are up and running.
Posted on 5/6/21 at 9:04 am to Upperdecker
30 minutes in and I’m down 7%.
AND ITS GONE
AND ITS GONE
Posted on 5/6/21 at 9:08 am to CorkRockingham
in at $4.18 for a few hundred shares. let's see
Posted on 5/6/21 at 9:15 am to SaDaTayMoses
Apparently the wsb jannies are throwing a piss and moan fest and have decided to temporarily just not moderate. Automods shutoff and humans are “on vacation”
That’s why SOS is getting pumped on there even though it is small cap.
That’s why SOS is getting pumped on there even though it is small cap.
Posted on 5/6/21 at 9:25 am to SaDaTayMoses
I bought a call.. aaaand it's immediately worthless
Im guessing WSB wiped all mentions of SOS, I dont see it anywhere
Im guessing WSB wiped all mentions of SOS, I dont see it anywhere
Posted on 5/6/21 at 9:27 am to JohnnyKilroy
they aren't pumping it very well
Posted on 5/6/21 at 9:34 am to xxTIMMYxx
All my chyna stocks are getting hammered. Well actually all my stocks but also all my chyna ones too.
Posted on 5/6/21 at 9:36 am to GhostofJackson
i stopped trading china stocks(baba, jd, bidu). got screwed over a few times because of the government there.
Posted on 5/6/21 at 11:03 am to xxTIMMYxx
Looks like the P&D happened in February.
Posted on 5/6/21 at 4:08 pm to Upperdecker
Nice pump today
Posted on 5/6/21 at 4:58 pm to zephry801
Pump was great today
Posted on 5/6/21 at 6:13 pm to Upperdecker
Did you mean SOST? Because it went up 209% today
Posted on 5/7/21 at 10:48 am to Upperdecker
Party by the door.
This one can be a major bitch
This one can be a major bitch
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