Post by
trader53 on Apr 27, 2021 4:32pm
Far to much hype on MMED and NUMI went on the joyride..
The first dollar of smoke of MMED evaporated today and I fully expect that another dollar will evaporate by weeks end. If I am right and MMED loses another dollar I am afraid that Numi will be back in the .80 range very quickly. As much as I love this sector these kind of events should be sold not bought. Was there risk in unloading my full positions in both Numi and Mmed? Of course there was but i believed my edge was with selling the news which had nothing to do with the fundamentals nor revenues. The last time MMED hit these price levels the insiders were shovelling their shares, options and warrants out the door. A repeat of that would paint a very negative picture....