$RGC: Reports of massive rally, potential meme stock behavior.
Investment Advice:
The Reddit post flags $RGC with a claimed price of $824 and introduces $SBET, claiming it surpassed $100. The title tries to associate these with a "New Roaring Kitty," hinting at potential extreme volatility and meme stock characteristics, similar to what we've seen before with $RGC.
However, the comments in this specific post ("No," "Suspicious link is suspicious," "Lol nope," and a reference to Betteridge's law of headlines) are overwhelmingly skeptical. They strongly suggest that the claims made in the title about $RGC and $SBET are false, misleading, or part of a pump-and-dump attempt.
This presents an extremely speculative and high-risk scenario. While $RGC has previously been noted for "insane stock rallies" (as per background from other sources), the specific claims in this post are highly dubious. $SBET is introduced under the same suspect circumstances.
This situation is only suitable for traders with an exceptionally high risk tolerance, prepared to lose their entire investment. Extreme caution and independent verification of any claims are paramount before considering any action. The post itself serves more as a red flag for potential misinformation than a credible investment opportunity.
Investment Plan:
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Critical Verification (Top Priority):
- $RGC & $SBET Price Claims: Independently and rigorously verify the claimed price achievements ($RGC at $824, $SBET above $100) using reputable financial data sources (e.g., official exchange data, major financial news outlets, reliable charting platforms). Check current and historical prices, and actual trading volume. The high skepticism from comments makes these claims highly improbable.
- Source Credibility: "GRANDMASTER-OBI" is an unverified source. The community reaction in this thread heavily questions the post's authenticity.
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Risk Capital: If, against significant odds, the claims are somehow verified and a legitimate, high-volume rally is confirmed: allocate only a minuscule portion of capital that you are fully prepared to lose. Given the current information, the risk of misinformation is extremely high.
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Equity Trading (Conditional on STRONG, Unlikely Verification):
- If claims are independently verified, the rally is current, and supported by substantial, legitimate trading volume:
- $RGC: Consider its previously noted meme stock characteristics. A very small speculative buy could be an option for high-risk traders.
- $SBET: Treat with even greater caution as it's a new mention within this dubious context.
- Implement immediate and strict stop-loss orders to manage severe downside risk. Be prepared for extreme volatility and potential rapid price collapse.
- If claims are independently verified, the rally is current, and supported by substantial, legitimate trading volume:
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Options Trading (Conditional on STRONG, Unlikely Verification):
- Implied volatility for both $RGC and $SBET would likely be extraordinarily high, making options very expensive and risky.
- Only to be considered by highly experienced options traders specializing in volatile, speculative assets, and only if the underlying claims are robustly verified. Generally, avoid for these tickers based on this post.
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Default Stance: Given the overwhelming skepticism within the post's comments regarding the specific claims about $RGC and $SBET, the default stance should be to avoid these tickers based on this information. The likelihood of misinformation or a manipulation attempt is very high. Focus on verifying the claims; if false, no investment action should be taken.