HWIN - Hometown International is delisted from an OTC market
Gambling or investing? A new term is hitting financial markets called "swarm trading." We've seen the trend many times over the past year, ranging from the GameStop and AMC short squeeze to the Hertz bankruptcy bid-up and Kodak craze that proceeded it. Other events that did not fare as well was the highly publicized "Doge Day" this week that was supposed to take the crypto to $1. The tactic sees people pile into these names, ignoring fundamentals, technicals and other catalysts, until the last trader is left holding the bag.Meet the newest target: Greenlight Capital's David Einhorn cited a deli in New Jersey last week as proof of a "quasi-anarchy" market that's "fractured and possibly in the process of breaking completely." The store, located in a Philly suburb called Paulsboro, generated only $35,748 in sales over the last two years, but is publicly listed as Hometown International (HWIN) and valued
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Hometown International is delisted from an OTC market