Before the data, the receipt: yesterday's $PAVS call opened at 0.4736 and collapsed 60% to close at 0.1899. Receipts are the only currency that matters.
Now, let's trace the lifecycle of a modern buzzword pump. $MYSE is up 15% on news that they signed a non-binding Letter of Intent to build 'AI-powered social media content moderation' tools.
Translation: two micro-cap companies signed a piece of paper agreeing to think about building a chatbot together. No revenue, no contract, just the word 'AI' injected directly into the PR feed to find exit liquidity. Across 7,131 historical instances of catalyst-driven gap-ups like this, the typical setup closes red 60% of the time.
What's your rule for trading non-binding LOIs?