Post by
GalAnonymous on Mar 05, 2021 3:35pm
Tables are turning...
Going down to .60 again is clearly not going to happen so why not to hold and see what the new week will bring? Steve let it run its course assuring us all week long CBDT is solid which was the smartest thing to do. I'm happy there was no halt and no breaking news this week, just calm reassurance nothing has changed, he's by our side and him and his team are working hard and executing the business plan. No desperation, no hiding head in the sand, just calmness, reassurance and hard work. Now we can start rebuilding what have been destroyed and it won't be long before we hit $1.50 again. Probably last chance to average down or load up at this price.
Comment by
Chitoryuteacher on Mar 05, 2021 3:38pm
right on Gal, I will be happier to see $2.11 haha
Comment by
inviolablspirit on Mar 05, 2021 5:48pm
We are starting to see indications of a reversal. However, there is no way this stock should have ever gotten this low. I certainly agree that we want a steady climb up, but I would like to see a confirmation of a reversal with small gap up followed by a long green candlestick engulfing the last three down candlesticks. That would take us over a $1.00.
Comment by
GalAnonymous on Mar 08, 2021 8:38am
Right on inviolablspirit, only it looks like we will engulf the last three down candlesticks before we even open ;) $1.00 in premarket already! That's exactly why you add on the way down and don't listen to shorters telling you to wait for reversal instead of trying to catch a falling knife. Congratulations to anyone who added and held! :)
Comment by
inviolablspirit on Mar 08, 2021 9:21am
Thanks! However, I would prefer to see a small gap up followed by the bulls pushing the stock up to engulf the candlesticks. I worry that the large gap up may be followed by the bears pushing it back down. So hopefully we have the large gap and the bulls just continue to push up after a small pullback. If the stock can do that, I may still be happy for a confirmation.
Comment by
inviolablspirit on Mar 08, 2021 9:59am
I'm definitely happier to see the gap up at $0.90 as opposed to $1.00. Ideally, I would have liked to have seen the gap up start at 0.85, but $0.90 can work.
Comment by
cdogou812 on Mar 05, 2021 3:43pm
its happening its really happening !!GLTA LONGS !! WE MIGHT CLOSE GREEN ! WOW!!
Comment by
RiskyBiz928 on Mar 05, 2021 3:48pm
What a difference a day makes (or half a day). Every chart I hold looks the same today (and for the last few days). Seriously, do these shorts call each other up at night and say "tomorrow we tank early, then start the rebound!"? Freggin' creepy. If I overlay my holdings the PPS is different but the graph is the same....