Shorting Don't Be Threatened Just Knowthat people are heavily interested in shaking shares loose out of peoples' hands to get them cheap so that they can capitalize on the next uptick and that is what and how people make monies. I see what is going on right off the bat and that is after run ups it looks like a new trend despite people actually selling shares is that they will be shorted because of what happened with Robinhood. My feeling is the houses will look to counter what happened by using this new tactic to make it difficult to be unhinged like that again. Regardless of who does what people have to see and understand the filed as well as I have stressed know what the hell they want and how to get it . All this will be best determined by strike points and specific intentions how to use them.
I am working more on a price targets basis at this point but I will use varying strategies to get a mix that will allow me to grow as I would like to. I am not too surprised with what I strongly sense will become a new trend--price runs blunted by heavy shorting something I am keeping an eye on and knowing it is most likely going on not be disturbed by it. I should also tune out people's noise either bashing or pumping and like I said do myself a favor and keep off the boards but read peoples' comments so I keep in the know about their mindset and sentiments. Share values are 98 percent just that until the bottom line comes where it is harder to either cheapen or blow up the more realistic value of any stock.
I've been around the block and I will continue to adjust my tactics if I need to. I have said i will not move below a buck but i didn't say that I will add which honestly speaking if things organically happen it is a strong possibility as I believe a buck is actually quite fair, however, that is just from my perspective and until the market catches up to that I will strongly hold. I don't see it worth selling into the shorting hands and especially my sense is as I said next news release should see this rip through a buck and stay up. Right now the company can't really lose meaning that they are developing quite a few things and have launched two products. So between developing more things and partnerships and generating revenue I would ask anyone to tell me how could this company lose? In other words way more upside than down--but note I am not saying no risk that is for people to think for themselves what they can be--one can be peoples' digging in and saying that the economy to recovery is decades away to put their heads in the sand like ostrich's to me that is not good enough for stocks to go down--why because it is business as usual and in fact we have been seeing the worst of the covid and if the prices are like this why in better times should the prices and markets tank?
People will use all sorts of hokey pokey reasons to try to create a deflation in the market but when you think logically that one--economic recovery doesn't and shouldn't make any sense because I will argue we have heard about it so why is there a bull market still??? So I reject that risk and any trying to use it as justification. I also reject the notion if there is economic downturn that all sectors and all companies get hit evenly. That is hokey pokey too as some companies may for whatever reason be performing really strongly so a blanketed down market doesn't make sense unless their business has been impaired. To me no matter what it is business as usual and I look at the company's performance vs a generalizating of slow down and recession if the stock price is very low and if there is a drag for a hokey pokey reason like that I buy and hold or I will reposition to make monies in a bear market as things still move you just have to readjust to your positioning to that movement. Like I said, I will use varying strategies but I whatever price target i give I will not bend off of.
I have been around seen it all but still refining my successful gambling mix--my magic potion I am after something and nothing or no one will get in my way of getting it but I will need to find the path that works for me. It is not something anyone can tell or create for me. I am not one bit concerned about any price movement here as I have seen that the management is very aggressive and driven and as I said I expect revenues to be coming this year there is 0 reason for it not to. I am not going to project that and have accepted that it will most likely be modest to start just like the majority of companies and then it naturally grows. There is lot of interest in this space and we will come to know how much interest in this company in particular--so far we are scoring strong on the production end meaning people who supply things we now have to see the demand end and it can only come step by step and that is how the company has and will continue to move.
Daymak is great because there is products already in the market the company now has to adjust the tech to the specifications and the reason it takes a bit of leg time and then the customers have to have time to see whether their bikes are way better than what they had. This is actually a huge score Daymak has real problems with the batteries just read what people are saying about it so when this company steps in and if as i believe as promised it is just watch where things will go on that alone! That alone will bring this to a buck because you will have a life long market with a company that has been around for 18 years. This is a huge score a lot more than where this share is in my opinion it was more reflective where this fell from but good enough I know this will get right back up and keep going so--just my opinion.
I will not say buy or not you know what i have said about the outcome but again everyone has their own strategies maybe like you say Jose .50's is too expensive so how could i say for people to buy ;-) Like wise maybe it is not so how can you tell them to sell ;-)))