Post by
Barbazan on Jan 08, 2021 1:16pm
Wow
What a battle around 25 cents here! Volume is high yes, but when you think about it only 20 million dollars worth of trading, and hedge funds, trading desk at the big banks, day traders, all chasing alpha and dough here. Right space, potential for sure, but when revenues and cash flow are not identified or discussed, you can always expect big retracements from hysteria. Look at Loop, no actual revenue dollars mentioned by management. Always have to be careful until companies prove themselves with real cash flow, but ART flew like this on new technology and has almost given it all back. Just be careful, take a long positions and take a trading position. Good luck to all....
Comment by
Ebenizer3 on Jan 08, 2021 1:29pm
yeah kinda like a "kit car" outside looks like the real thing but what's underneath it... but hey in for a loonie and out with 7. Put 3.50 back in pocket let the rest ride. Kinda like TP back in March. Hope it's not too early for a shot of CR
Comment by
Barbazan on Jan 08, 2021 1:57pm
Exactly... Not too early for a bevy, enjoy, hell of a week!