ARHT Media Inc V.ART

Couldn't hold gain today- another nail in coffin.

[SunsetGrill]

Another tough day for ARHT as market rallied very hard; leaving ART out of thr mix - as gold and "covid" stocks.sold off.

Could't hold a gain to 28 as more people just wanted out no matter the cost - to re-invest elsewhere (you know something going up - ie everything else)

IMHO I think more downward pressure to come and the stock will see 20 before 30.

Trying to figure out when to re-load strongly  on this baby. Im thinking to start nibbling at 22 down to 18 and then re-evaluate if 18 breeched.

In doing so I would be looking for a major recurring contract award

Still very nervouse of Q4 loss and cash raise diluting the stock further (at such a low share price)

[TruthBeTold7]

This post has been removed in accordance with Community Policy

[tannin]

Sunset wrote "more people just wanted out no matter the cost": silly, wrong. Buy at 7c, or conv wt, make 200%, buy at my average, make 100+ %. No doubt, some sellers made good money, some sold at a loss. Certainly no 'desperation' to sell, no bail out mentality. This is not to knock you Sunset, a credible investor with your own style of investing, and whom I, we likely, all hope

[SunsetGrill]

No problem - no offence taken But it has been my experience when volumes quadruple and the stock drops 15% people want out....not in quote=tannin]Sunset wrote "more people just wanted out no matter the cost": silly, wrong. Buy at 7c, or conv wt, make 200%, buy at my average, make 100+ %. No doubt, some sellers made good money, some sold at a loss. Certainly no 'desperation' to

[SunsetGrill]

WOW - i would have anticipated a much higher jump with sustained volume on that news. The news was somewhat impressive IMHO. I believe news of a similar nature got the stock moving initially months ago on the way  up to the 70 cent range then higher, As you are now aware this is a downfall of my investment style as I may now need to think when to buy on the way up rather than the way down