Andrew and Mike, the Alpha Status Stock boys, share their thoughts on Saitama and raise four red flags to watch out for. Like everything the boys do at Alpha Status Stocks, their primary purpose is to delve that bit deeper into all the OTC stock information floating around online via YouTube etc., and decipher the pros and cons. Today, the boys shine the spotlight on Saitama’s mask wallet and point out 4 warning signs to be wary of before making any purchases. These 4 red flags that they list below are of course their own opinions and as always, they stipulate to the readers of this article as well as to their YouTube followers and Patreon subscribers to always perform their own due diligence and seek out professional financial advice before making any buying decisions.
Let’s dive right into the 4 red flags that the boys have pulled from their data analysis:
Red Flag # 1 is the possibility from all the YouTube noise swirling around Saitama that it may be a ‘pump and dump’ scenario that is being fueled by bot-driven accounts.
Red Flag # 2 is that it’s a buy the rumor, sell the news situation. Again, Andrew and Mike’s opinion on this matter is that the release was badly handled and did not bode well for the future.
Red Flag # 3 relates to the problems Saitama is claiming to solve. According to the boys’ thoughts on this matter, they feel these problems are already being solved by other wallets, such as Metamask etc. Once again, investor caution is advised to complete their own personal due diligence on the opinions provided stemming from YouTube postings.
Red Flag # 4 resides in the unverified Saitama claims being made by some YouTubers. Personal due diligence is required here to seek proper verification. Whether you get your advice on due diligence from Twitter, YouTube, IHub or Stocktwits make sure to delve deeper to find out if indeed the information being provided is legitimate – Otherwise, you could be left with an egg on your face.
Andrew makes note that Saitama will be holding a NASDAQ interview at the end of January or early February 2022, which will be aired on many of the investment tv channels. His first immediate thought on reading this was that there was an IPO in the making, although upon researching this matter further Andrew discovered that Saitama has confirmed that no IPO is in the works nor on the future horizon. All of which left Andrew a little perplexed as to the purpose of such a NASDAQ meeting.
As always, this Alpha Status Stocks information provided is solely for entertainment purposes and personal investor due diligence is highly recommended before proceeding with any investment purchases.
To gain a deeper explanation of these red flags that the Alpha Status Stock boys speak of you can find it here on their YouTube channel:
For more information on what’s new with the OTC market, you can reach Andrew and Mike here.