Post by
Starsearcher80 on Dec 19, 2022 12:00pm
$2's ARE NOW IN VIEW. GRAVITY & FEAR.
Welcome to the effects of gravity and fear. The $2's are now within reach. No more margin, so those people sell, dropping the stock further. Then add in tax loss selling. Another big drop. Then add in the most potent factor of all. Outright fear. People, smart people, see the train coming and jump off the tracks. Of course, there are those here who just see the approaching "pretty lights" and stay standing on the tracks. It never ends well. Imho, there is now a VERY high probability this drop into the$2's will happen. I've seen this movie before, and hoping it doesn't play out is most likely a fail. Pla There is writing now clearly on the wall. Play smart.
Comment by
Starsearcher80 on Dec 19, 2022 1:16pm
Ding ding ding! Move over boys! Another Clown has arrived. Fresh money to be handed over to the pros. It just never ends. ;)
Comment by
dragshot on Dec 19, 2022 1:49pm
Better be careful there, Scrude or they'll stuff you in the trunk. Heh heh!
Comment by
Starsearcher80 on Dec 19, 2022 2:00pm
I forgot to mention the other massive negative impacting the stock, that being the overall collapse now happening in the broader market. People are now taking cover, and rightly so, with predictions of a further 20% drop to the S&P growing louder.. Few stocks will offer cover from this downturn. Weed will offer NO cover at all.