if u said after RS will be bad look at this
after a few months I sold it went RS and yesterday up, the current price is higher than my last sold price, like if u agree 👍 lol
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Number 2 : rs is good to attract big institution. after rs price drop normally is due to retail investor panic sells
Crimson 777 : that's exactly what im talking, but there are no guarantees this happens also, so keep that in mind. Then when something pops like this, and if Market Makers are in a pickle you can expect them to widen the spred inviting a bear raid, another thing is insiders taking the oportunity to convert and sell at the top, and all the bears salivating as its going up.
ooshittt OP Number 2 : ya, btw I have purchased all crypto companies holding stock like Coinbase strategy circle, to prove my point of view, I only start panicking once other stocks are rising but this is dropping, however from what I see yesterday every crypto stocks are falling we shall see in the next few weeks
ooshittt OP Crimson 777 : i agree
good point on this always bear in mind to observe the trading volume and shareholder ratio
Crimson 777 ooshittt OP : honestly mstr has been my best trade of the year, you can make stupid money on it if you time it right with a BTC reversal, but it requires more capital unlike other options. One thing I realized over the years is that youre better off accumulating capital and trade bigger names MSTR for example, vs ASST lol. Becauze the BS that will come along with trading the less desired tickers isnt worth the time and energy and emotional roller-coaster. Then you get cleaned out at the end because they are penny stocks for a reason. dont be a dreamer and secure the bag
APOLO : Dont dream too much... Just put until 0. 3 usd
Kenny G Charity Number 2 : this is just… completely wrong. a RS would mean force liquidation of uneven shares. and in 99% of cases, a RS occurs because of the exchange issuing a delisting notice. By performing a RS, the company signals to the market that they lack the confidence to see their stock staying above the $1 threshold organically.
yupper : very rare...almost all rs go back down. this has a chance to go up but if BTC goes down we will as well