Post by
ScarletSpider on Apr 13, 2021 11:31am
Looks Like There is A Bottom After All...
for those who are trying to project down and saying all that they have been saying if we look at today's trading .32 seems to be the bottom. I think anything less will be pissing away shares and people know it. True there are lots of pieces of paper but the fact that the company is now manufacturing product and has stated numerous times over and over again that the second half is going to be very busy and reconfirming in the last news release that items will be coming in Summer would be very ridiculous for people to sell shares knowing this. The manipulators want cheap and they have been doing a great job trying to create fear and panic. there is absolutely no justification and reason to go any further down now is the time for it to solidify and start moving up--onwards and upwards. While this has gone down despite all the solid news and most likely because of people trying to get cheap the overall trajectory has actually be very strongly up.
For those who didn't sell higher to have monies to buy back, like myself by promise and extension choice it is way better to let people do their thing hold your shares. For those who can buy they will keep buying up and why shouldn't they when there is a lot more to be made. Unless you trade strategically, buy elsewhere where you can make more profit sooner these are best held tightly. Wait to see if managment delivers on their June/July push forward. The amount of outstandings with the type of contracts that are being talked about will be offsetted. I see this as no less than $2/share for the year and potential range up to $5 but that will take a lot of doing to move towards that and trade much better than $2 although I will not rule anything out.
Comment by
empress9 on Apr 13, 2021 11:36am
Happy thoughts sometimes help. .32 is not the bottom. You have no intellectual basis for saying this. please lrn2paragraph too please.
Comment by
ScarletSpider on Apr 13, 2021 11:41am
yes I do it is called today's trading and trade volume!!! That is a lot of shares traded and this holds at about .32 there may be some momentary dips but this will not crack on the average below .32. People may as well piss away shares any lower than that. There is way more up than downside. Sorry empress stop your games speaking from both sides of your mouth--jeez!!!
Comment by
empress9 on Apr 13, 2021 12:03pm
I will bet you a slightly chewed hat from Josie that .26 is bottom.
Comment by
Joseisok on Apr 13, 2021 12:19pm
Nailing the bottom is pure luck. Getting close is the best you can hope for. You only know the bottom after it bounced off it and you look back. I proudly wear my hats.
Comment by
Joseisok on Apr 13, 2021 1:16pm
Scarlet, are you ok? You stopped typing, I hope everything is ok.
Comment by
Joseisok on Apr 13, 2021 2:57pm
The down trend is still in tack. This will break into the twenties.
Comment by
Joseisok on Apr 13, 2021 11:54am
There's always a bottom, question is, where is it. Yesterday's volume flushed out a good number. But I was expecting a volume over 10m for the capitulation.