“New Stock God” Serenity: JPMorgan Chase’s Purchase of SIVE May Trigger a Wave of Institutional Following

robot
Abstract generation in progress
Deep Tide TechFlow News: On June 08, “New Stock God” Serenity posted on the X platform that JPMorgan disclosed buying $SIVE shares representing more than 5.25%, and that the market significance far exceeds public expectations. For U.S. institutions, $135 million is only a small amount; they are fully capable of using the funds to acquire 25% of the shares. The main constraint, however, is the number of shares that retail investors can freely trade. Still, JPMorgan’s buy signal will attract other large institutions to follow, creating a chain reaction. Because $SIVE ’s float is heavily shorted by Swedish hedge funds and various algorithmic funds, large U.S. institutions are starting to build positions, which will trigger market buy-to-cover behavior. Serenity added that this also confirms its strategy: first offering investment ideas to retail investors, and then letting institutions follow, in order to capture the next CPO super-cycle opportunity.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned