consealitOPRayne2ravage:
No news. Dont need i news flash to see whats happening. I have been doing this for 35 years. Have seen alot of ups and alot of disappointments . But i can say it is way below fair market value. The stock has a ton of potential and shorts are gonna get burnt if they keep playing with fire.
Rayne2ravageconsealitOP:
It seems like alot of stocks are under fair market value. Shorts are always doing shady things. I guess my ask is more so. What makes this a standout case for you vs others
consealitOPRayne2ravage:
I dont compare stocks against others for the most part. Each stock i have in my watchlist is unique. Meaning there is always a time where they will drop or go up. When i look at all the aspects of this, it was clear to me what they were doing 4-5 days ago. They were pushing it down to accumulate large portions for the ride up, hence the xlarge buys. In the process the shorts were loving the drop. But in the process they exhausted what they could do to continue the downtrend. Now the xlarge buys (whales) are holding the shares and the shorts have nothing to drop the price. What can they do? The answer is buy back in. But with the buying pressure we see, all they will do is push the stock even higher then it is being pushed already. I am sitting with 48000 shares. I am one of them. Im not selling. The longer it receives buying pressure, they will never be able to push it down. Sure they can re short after they settle up, but by then it will be pushed to .70-.80, then they might be able to drop it a little but then it will push way up again. The more xlarge buys the less chance they can do anything.
Rayne2ravage : How far do you realistically see this going in the new few weeks. Bc we already saw this level
consealitOP : Its on its way back up and i think a realistic number is between .60-.70 but could go way into the 3 dollar area
Rayne2ravage consealitOP: What news leads you to believe that
consealitOP Rayne2ravage: No news. Dont need i news flash to see whats happening. I have been doing this for 35 years. Have seen alot of ups and alot of disappointments . But i can say it is way below fair market value. The stock has a ton of potential and shorts are gonna get burnt if they keep playing with fire.
Rayne2ravage consealitOP: It seems like alot of stocks are under fair market value. Shorts are always doing shady things. I guess my ask is more so. What makes this a standout case for you vs others
Stock_Drift : I like this one!! Pre market Monday!!
consealitOP Rayne2ravage: I dont compare stocks against others for the most part. Each stock i have in my watchlist is unique. Meaning there is always a time where they will drop or go up. When i look at all the aspects of this, it was clear to me what they were doing 4-5 days ago. They were pushing it down to accumulate large portions for the ride up, hence the xlarge buys. In the process the shorts were loving the drop. But in the process they exhausted what they could do to continue the downtrend. Now the xlarge buys (whales) are holding the shares and the shorts have nothing to drop the price. What can they do? The answer is buy back in. But with the buying pressure we see, all they will do is push the stock even higher then it is being pushed already. I am sitting with 48000 shares. I am one of them. Im not selling. The longer it receives buying pressure, they will never be able to push it down. Sure they can re short after they settle up, but by then it will be pushed to .70-.80, then they might be able to drop it a little but then it will push way up again. The more xlarge buys the less chance they can do anything.