A future crypto-related private placement involving a highly credible institutional investor will cause the associated stock to surge by 500% to 2,000%, leading to significant losses for short sellers.
"And then they're going to do it and all of a sudden they're not going to realize, you know, in the fine print here it's going to say that, you know, the institutional trader is affiliated with someone really big and respectable. And then next thing you know, that person's going on CNBC and they're talking about how they just did this private placement with this company and all of a sudden it's going up 500%, 800%, 1,000%, 2,000% and it's just ramping higher and now shorts are getting completely destroyed."
