I've been following the news recently and one thing I've noticed is the sudden surge in trading of GPRO.
Obviously this is down to Markiplier announcing his significant stake in the company. But, why did he announce it? Is there really any reason for him to announce that?
Or...
Is it simply because he knows his "influence" on his community will cause a significant movement of the share price.
How much is he still holding today?
There's quite clearly a reason behind his announcement. The tin hat people would likely believe it's to cause a surge in volume in order to create exit liquidity.
Seeing a stock trading almost 20x average daily volume on a company that has only around 180m shares certainly raises some questions
Anyone care to weigh in?