RE:RE:You will regret selling today.sunrize wrote: Who is "big money"?
PS:I can't help but get a kick out of this post. LOLz.
EFW5370 wrote: Big money is just using this news to bash for cheaper shares. But they know what is going on with the company operation for months since last year. They have researchers. They have been accumulating for 7 months around $5 because this stock is easy to reach $10 once the california campus is put into use.
Even without the leaves from the new facility, its sales is already $14 million. The projected sales for 2019 will be $70 million and if concluding NHS and FSD, that will reach at least $90 million. If including california campus, the revenue is even more.
So just a matter of time for big money to makes profits if accumlating at this price. It will be 100% return and only fool will sell. If the money borrowed by big money is 10% interest annually, that is 90% profit. So that is why big money will absolutely buy. Only weak hands sell at such a news. When this news is out, that is the end. Sellers today are fooled.
sunrise, he refers to funds because ETF is in SNN. I agree with him in how funds invest. They work just the opposite to retailers. Very likely price will go back up over $5 this week. Buy dip ,sell high.