$NWTN AKA $ESSC wtf


Something is up with this garbage stock, keep a eye out for it. It might pull a BRCC where it just went up slowly for like a month.

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We were discussing $NWTN earlier on trading-floor. It honestly looks like shares are slowly being acquired over time as most of the upward momentum has come from large volume single candles and it mostly trades sideways after. Float per @Anonyman is 2.7M currently so on the larger side of “small floats”.

The highest purchasable strike we found was the 16. Although members were reporting thier orders were getting closed near the end of the day.

Know nothing about the company other than it being a Chinese shitstock. Something we should check is other low volume Chinese companies to see if this behavior is mirrored.

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