LogFAQs > #964840666

Anyway the key here is up through the 18th, then through distribution on the 27th, then the fallout of margin calls + option chains in the weeks to months afterwards. If you look at OSTK its digital dividend

April 6th is Declaration (OSTK Price $5.50 - price went pretty linearly up through April 24th. We are here)
April 24th is Ex-Dividend (OSTK Price $9.92) (May 16th for BBIG)
April 27th is Record (OSTK Price $12) (May 18th for BBIG)
May 19th is Distribution (OSTK Price $17.87) (May 27th for BBIG)

So at minimum I'm thinking we reach $10 by Distribution, $7 by Record.

The thing is I think there are alot more abuses going on with BBIG than there were with OSTK. Keep in mind in a post GME/AMC world and with a lot more payment for order flow services in use than there were in early 2020, there are a lot more tools to suppress the price and they're being more aggressively deployed for that reason. But with a dividend that isn't delivered in straight cash, the bill becomes due. Any naked shorting has to be resolved (and I think with a huge dark pool/option chain/failure to deliver and short exempt numbers like BBIG, this is a certainty to exist) which is going to push it up outright-- and then shorts are probably going to be covering as well. Then you've got tons and tons of option chains which will be fully in the money, which will make the market maker need to hedge.

OSTK peaked by August with $120 and was around $50 in July. I think anyone heavily invested in the July/October option chains (or shares, obviously) are sitting very pretty right now. This is going to be very strong, and the fact that they weren't able to push it below $3 today (and believe me, they tried and the market dumped to have their back) is super bullish. Literally the only way this gets stopped is if something comes to stop the dividend-- which is why I'm not saying everyone in here should dump their whole portfolio in, but yeah. Buy big, sell half at $6.50 and see where the rest goes, seems like a hard play to lose right now.