I've been warning people right here on MooMoo for literally ...
I've been warning people right here on MooMoo for literally months to stay away from this pile of dog poop, and for good reason.
The pumpers and bagholders just keep begging people to buy and hold when really all they want to do is get out of their losses created by not doing real DD and believing the hype.
At this point I say just let them wallow in it. They can dream about spinoff dividends all day and keep making excuses why the company can't turn a profit, can't file requires SEC filings on time ever, and can't stick with any dates they ever put out in press releases.
hopefully folks who read this will make the smart choice not to waste your money on a pipe dream that in reality was nothing more than a very short lived meme stock which is the newest code word for pump and dump. only difference now is they've managed to convince anyone they can navigate through stock trading as long as they can read a reddit thread.
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Holding for Profits : Time will tell whether you are right, let's see
CuyWareOP Holding for Profits: Time has already told. Anyone can hold a bag for years. Most people invest in stocks to make money, not let it sit unrealized at 0% forever.
Holding for Profits CuyWareOP: Are you referring to short term investment ? How long have you been holding this stock ? Didn't you see the surge previously ? Are you 100% sure that this stock will be staying at this level forever with 0% gain ?
moneycomengo CuyWareOP: the reason why i hold this stock is simple, ive seen it rise and it held on pretty well before market manipulation, management disappointment & the recent new variant causing the stock market to dip. keep in mind, the cost is distribution range is from 2.48-11. a good trader wouldve have an average of 3-4 by averaging down. somewhere between 5-7 is still a decent average. patience is key here. there is potential but until merger is nearing, there’s no way we can predict the goal tp, and i too have been holding and im down by a large % and will continue to avg down until im no longer convinced. plus its red everywhere. - NFA
Holding for Profits moneycomengo: Well said
CuyWareOP moneycomengo: No, a good trader wouldn't do that at all. what you are suggesting is the same mentality a gambler has when they've lost at the blackjack table. Go to the ATM and get more money because your luck has to change.
indeed a good trader would recognize this is a terrible long term investment under any circumstances. They would see that management of this company has played its investors into giving them 10s of millions of dollars and achieved nothing out of that.
And I'll say once again. This WAS a meme stock. The only reason it rose in price was a group of social media posters pumped it the same way a few particular posters here do. It sure as heck wasn't because of the fundamentals of the company.
moneycomengo CuyWareOP: fair point but fundamentally i was quite excited for the company. i really was looking forward to lomotifs strong entry into india market, with Ads becoming more prevalent in making profits thru social media Adrizer should get better along the way. Cryptyde / Kong will blow up when NFTs becomes a thing. I study game design and i think NFTs will definitely be something the digital world will grow into. Its not great now but the idea of it getting into something big is possible, you never know. It is definitely High risk, high reward or huge losses. That is part of investing. To play safe, instead of BBIG/Zash, get into Nvidia, RBlX etc that is alrdy in a good position and growth. BBIG is not for the faint hearted.