BBIG's main holding is they own Lomotif through their reverse merger Zash Media. They're also with the CryptTyde thing which is some sort of crypto stock that frankly I'm not terribly interested in except as a short squeeze catalyst
Lomotif is basically an American version of Tiktok that has been valued at $5b (supposedly, in a previous sec filing, but I don't know how that was determined). It has over 50 million downloads in the Google Play Store. I think $5b for a second version of Tiktok (which has issues to begin with-- it could become the main Tiktok) honestly seems very reasonable though.
So the news that I'm waiting for is the form 10 that gives the distribution of the CryptTyde share dividend and sets in stone the date the dividend is paid out and the valuation of CryptTyde as a company. The bad news that would actually get me to stop buying short term calls is the form not being filed this week-- which I mean, could happen as there's been a delay on it already. That's pretty much it. Until we know that isn't filed this is just short sellers trying to shake people out (or gambling on it not being filed but I feel the company has been active enough with PRs and such that this is unlikely)-- the price movement is meaningless beyond the fact that we've got really good evidence that $5 is the bottom because it keeps bouncing off $5.
So I mean, it could easily go way above $5.50-- the reason these calls are so appealing is they break even/profit at such a low price point. That form coming out will pop the stock a lot-- I still have my $7s and even my $10s, but if it even just goes to $6 I'm golden here, assuming no further delay.
Anyway not trying to pump-- you guys don't really contribute enough money to be viable to Pump and Dump a 600m Market Cap company, just narrating my moves so you guys can delight in me crashing and burning (or marvel at how much money I'm going to get when it flies). If you guys want me to stop I can.
No problem!
This is a cute and pop genocide of love!