RE:RE:I’m bullish. Here’s where your problem lies. I was speaking on behalf of an average retail investor. If you want to be a good investor, that’s where you need to put your mindset at. It’s not about what you personally know, it’s about what everyone else thinks, because that’s what will actually move the price.
So when I said 5x ALT levels is extremely dangerous, I was speaking on behalf of an average retail investor. Why do you think this stock dropped 70% overnight? Because that’s what they thought, and since this stock has barely recovered, that’s still their primary mindset. They are worried about this setback and that’s why they’re not buying. To make matters worse, the insiders aren’t buying either which gives them even more confirmation (and please don’t try and tell me the tiny little insider buy orders we saw actually meant anything, that was an absolute disgrace)
But for some reason, you took offence to this. You got emotional and started making this personal. You need to relax and open your mind up. The sad reality is that the average investor will not know all of the facts and everything I said is what they believe.
This is not the time to get emotional and start throwing a tantrum. This is the time to be sitting down, listening to all of the negative opinions and if you can logically answer them and break them down, this is the perfect time to buy the dip. Control your emotions and maybe, just maybe, you too may own a 1/4 million dollar car one day.
Inthepez wrote: My, my how the tone has changed from:
“Today's report was the final nail in the coffin” and
“its over. It's not speculation. If the company knew this was all fudd and an overreaction”
At least you're maturing a bit, lonely incel LOL!
Rarbar99 wrote: I was bearish when this was in the 1.40-1.55 range, and as I predicted, it dropped back to the low 1s just a week later.
but yesterday, after some more research, I clearly stated that I'm a bull now.
I do believe in this company and will hold my shares, even if they eventually go bankrupt and this stock goes to $0
i Won't buy anymore shares until October though. I want to see a little more stabilization before I start investing serious cash into this.