$Prestige Wealth (PWM.US)$@Mcsnacks H Tupack what about this...
$Prestige Wealth(PWM.US$ @Mcsnacks H Tupack what about this?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Mcsnacks H Tupack : Going to crash. Big fall coming to under 6.00
joannacjw Mcsnacks H Tupack: why u say so?
Mcsnacks H Tupack joannacjw: Because Institution will be allowed to loan out their shares starting tomorrow. So they will then be dumped into the market and the price will crash.
71781993 Mcsnacks H Tupack: if it's locked how they can loan it.
Mcsnacks H Tupack 71781993: Locked means they can't sell their shares. They are allowed to loan them out then recall them when lockout is over and then sell them. Because the loaning out occurs off market in dark pools.
71781993 Mcsnacks H Tupack: what you think about next week? people keep talking about reversal next Monday.
Mcsnacks H Tupack 71781993: It won't reverse until it falls below 4.60. But you should see a bounce at around the 5.40 price. Where I used to work you would start buying shares at the 6.00 price. Then every .25c it fell double up. So buy 100 shares at 6.00. 200 at 5.75. 400 at 5.50. Then stop buying until 5.00 and then one last buy of 1600 shares at 5.00. So you would have 2300 shares at 5.19. Then set your sell price at 13.00 which is figuring it recovering about 48% of its previous gains. And that's a profit of about $18,000.
Mcsnacks H Tupack Mcsnacks H Tupack: That's best case. It will recover above the 5.40 price more than likely then your profit would only be around $5150.
71781993 Mcsnacks H Tupack: thanks for the advice![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)