$SIVE has become a very popular stock on the X platform.
I was able to buy a bit earlier because I have access to a European stock platform. U.S. investors are now able to buy too and that’s why you see another pump in the price.
Soon the stock will also be available to U.S. institutions. That will be a whole different story because they tend to manipulate retail out of the stock. You can prepare yourself for short reports and price targets that are half of the current price. This is simply done to make you sell your stocks because institutions need a lot of sellers for their big buy orders to be filled.
I won’t sell a single stock until at least end of the year or early next year. We are still very early with this stock and its valuation is very cheap.
@gibson35529@DanielHembery It depends when institutions will enter. Sivers is preparing the listing on the Nasdaq which takes months. So earliest is Q3 that they will enter.
@DanielHembery@StormDirac Did you put a limit or market order?
$SIVE is in euros on T212
It is in SEK on IBKR and $SIVEF in USD
I guess they are using fx in backend same like US stocks in usd but account in GBP
@InvestWithTimmy I have been long on cmc as none of my brokers had it listed however 212 just listed it so I just bought £21k of it on 212 and still long with cmc from 22SEK
$SIVE closed early for holiday at SEK 38,0 - 13.00 today CET.
US $SIVEF closed at $4.78 = SEK 44,1 that is a difference of 16%
SIVE will be closed tomorrow as well.
Many people's brokers don't show it, but:
$SIVE at market open: 12% 🟩
$SIVE at market close: 0% ⬜️
(Closed early today)
$SIVE at US market open: 11% 🟩
There should be a rally on Monday
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@DanielHembery@criptootpyrc its coming to nasdaq in a few months most likely, but yes this is the swedish stock exchange
you are allowed to trade this on IBKR