RE:RE:eve hits .50 cent by june at the latest. my thoughts anyway
PatrickBateman wrote: Oh dear here we go with the price predictions. $1.85 by June? That's June 2019 though.
That's only a 950% increase from today's $0.175. What so hard about that?
Sorry, I could't resist making fun of that price prediction.
My guess is that a few posters here bought and went all-in at much higher prices and now the find themselves deeply underwater. The listened to pumpers and now they are trapped. That's why they sound so desperate. It's a sad situation. I hope they learned from it. Investing in juniors like EVE can be very profitable but you have to know what you are doing. The Ventures Exchange is a dangerous place for newbies to learn how to trade these speculative stocks.
Unfortunately for them, my DD tells me that they might not get all their money back anytime soon. Fundamentals and TA doesn't look good for longterm buy and hold investors but anything is possible. Miracles do happen but they don't happen very often to save investors from their bad investing decisions.
Situations like this for many investors with losses are actually pretty common. I know from experience. Been there and done that. That's why I became a shortterm swing trader for speculative juniors like EVE and I never go all-in.