Penny stock announces they will buy bitcoin and the stock soars...

Hopefully if you are playing this you get out before the bottom falls out.

Look at this:

(Source: https://twitter.com/Vivek4real_/status/1772691128011112899/photo/1)

This is absurd.

They announce a LOI and the stock goes bonkers.

It just kept going higher and higher and higher.

They will of course back out of that LOI and the stock will crash.

This is more criminal than altcoins... ding ding ringing the SEC...