Jamon Story
5.4K posts

Jamon Story
@JamonStory
Christ is King.I trade futures and options this account is just a reference NFA. $GME, $HYMC $XRP $XLM $ONDO 😅

SpaceX $SPCX traded 256 million shares yesterday. The entire public float is 556 million. So in one day, almost half of every tradable share changed hands. Bought and sold, over and over, in a few hours. Here's why that number is absurd. SpaceX sold 555.6 million shares at $135 to raise $75 billion. That float is barely 4% of the company. Musk and insiders hold the other 96%, locked up and unable to sell. Tiny supply. Enormous demand. Index funds that have to own it, retail that wants to, traders chasing the move. The result is a $2 trillion company that trades like a penny stock. Up to $211 pre-market, swinging double-digit percentages between coffees. This is what happens when you list 4% of the seventh-largest company in America and let the world fight over the scraps. The price isn't telling you what SpaceX is worth. It's telling you how few shares there are to buy.


🚨 SpaceX $SPCX begins trading in a few minutes For now it is still in the opening auction. Indication is around $175 against the $135 IPO price. That is a 30% premium before a single trade. Nasdaq is matching orders to find the opening cross. For mega-IPOs this can take a while. The opening cross is just the start. The first 5 to 10 minutes of free trading after that tell you everything. Watch the volume. This will be historic. As most of you already know, nobody is getting rich off SpaceX. The market cap is already too big. We are compiling a list of stocks we believe will perform extremely well over the next 5 to 10 years. We will post it shortly. Follow us and turn on notifications. This is VERY important. If you don’t follow us, you might regret it later.


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🚨 EU TO DELIST TETHER'S $175 BILLION USDT FROM LICENSED EXCHANGES Major exchanges including Binance, Coinbase, Kraken, and Crypto .com have removed USDT for EU users after Tether chose not to seek approval under Europe's MiCA regulations. Meanwhile, Circle's USDC has secured full compliance, making it the only major stablecoin available on any licensed EU exchanges ahead of the July 1 deadline.


Who is slurping gold & silver at these cheap prices ?















