Post by
whognu1 on Mar 22, 2021 1:55pm
to buy or not to buy............
a while ago a fellow on here called me a gambler because i had sold out my position at much higher prices
this was done not as a call on the company's prospects, yet simply due to a series of lower highs and lower lows
i did not know then and i do not know now whether this company will survive
AND NEITHER DO ANY OF YOU
i beleive that one of 2 things will happen at the CC later this week
A - all is well, it was just growing pains, the stock will open at $7 on its way to higher prices
B - all is not well and it opens at $2 and potentially becomes uninvestable
so, in my opinion only, that makes this is a coin toss
the ride from $7 to $17 is not as nice as from $4.50 to $17
but it will be smoother
you are not paid to be right; you are paid to make money for your family
good luck
Comment by
savyinvestor333 on Mar 22, 2021 5:41pm
So saying none of us know if this company will make it but they stating it will do one of 2 things tells me you know nothing also. You don't allow for anything between $2 and $7 in your estimate which is 99 % of the probability of where the stock will be. I doubt there will be even a 10% swing in share price from the previous close.
Comment by
Telmelcel on Mar 22, 2021 8:30pm
I AM NOT BUYING. WHEN SP DIVES EXTREMELY HARD TO GO GO BACK UP. THEY CALL IT OVERHEAD RESISTANCE