How high can the hype push immediately after merger?
With this post we're throwing all the value of most topics out the window and talking about just pure hype and retail buying
Let's say the merger gets announced on a Wednesday randomly or pre market and the price of the stock jumps immediately to 0.18-0.25
Everyone's hype posting a ton on reddit, hoping galore pushes it to 0.30-0.50 maybe that same day or over the next day
What are your predictions or what could you see the speed of price movement be?
I already know we're gonna get the "$10!" On day one but I'm trying to be realistic
Hell maybe that is realistic I have no clue but I haven't personally witnessed a stock jump from 0.12 to $10 in one day unless a company got bought out so I'm just skeptical of anything $4-5+ on day one