A serious analysis of the situation Hi there,
I think there are a lot of morons and very probable paid basher that means , when combined with shorting - it's called manipulation. You can see it the way you want, but this is a reccuring pattern in small caps and even in big caps. Non relevant post people just saying up up up or down down down with always lower price target and 0 arguments... Theses people also like to look like retarded (we exacstly have this on ID's board)
For the stock price, I think lot of people feared that the PP expiring tooday was going to put a massive sells pressure. But for the non initiated investors, the thing is that they raize money with a direct network that got the presentation and stuff. So it's unlikely that they will all dump on day one for 25% profit when they are 1) smart money 2) rich because they do PP 3) understand the market and what's upcomming with profitability reached in Q1, legislation and growing revenues montlhy....
I think lot of notice traders got trapped in the short / bash process of retarded saying this was going to 13-14 because of the dump of the 8 millions share...
Again, the fact that It dropped does not make them Right NOR wrong... they just have an agenda and will DISSAPEAR if they are wrong, and copy paste their previous post if they are right...
Everytime... it's going to be without arguments and fundamentals analysis... this is why we call this manipulation.
I think we have reached a bottom here, it was already very cheap at 20 cents.
You gotta remember the big pictures :
-Profitability Q1
- Tier 1 product tested by industry connaisseur and Hackaton top result
- Implementing Blockchain technology which is a hype and additionnal feature
- Most friendly / efficient / secure / clear software on mostly all review site
- Growing revenues of 300% / year + in last years
- Legislation starting to generate big revenus in all the industry
- Europe is comming with bigger legislation that will force industry to buy more of IT protection
- They signed the first BAR association in all America,
- They signed a (First Majestic) top mining company with 4000+ employee
This is the big picture. When you got people saying it's going this or a director sold at that.... and you give theses people 1 secs of attention more than skipping their post, you forgot that all the point above are the machine that will , at the end, get the valuation and merits it's deserve....
Not copy/pasted post of some retarded dude... so do what ever you wanted. I did double my position at 14.5 cents, Very happy to do so
Will not sell anything before 1.50$. I saw this pattern often in my lifetime
BZUN at 4.85$ (Still holding at 50$+)
APH at 1.01$ ( Still holding at 14$+)
ATVI at 21 $ ( Still hodling at 75$+)
PVG at 3.85 $ ( Still holding at 9$)
Concept is very simple, we have a good horse, big growth registred, big growth ahead, legislation will boost revenues, marging are high, operation cost are low...
Hope 10% of you will be there in 6-9 month when Il be calling selling half of my position over a dollars
Regards