Post by
Buttzz on Oct 07, 2021 3:45pm
The market has spoken....
I like the potential here but regardless of what anyone on this board is saying either for or against it the market has spoken. After 4 trading days where this was halted for an acquisition that's relatively minor and inexpensive for "leading" wallet app PassWallet with the bulk of it in shares for a company that no one else in this space seemed to want to buy for relativley little cost I have my concerns. No gain today over all that hype. To be honest based on posts here and Stocktwits I'm not a big fan of the CEO allegedley commenting on Linkedin or Facebook messenger or whatever it was about how the pending news is %100 positive for shareholders while the stock is halted and him sending photos of cakes in Vegas with a $50/share decorative sign attached to them. Not good form - comes across like a snake oil salesman. Great ideas but it will take a while for this acquisition to have any monetary impact. Perhaps some other catalysts are on the way and admittedly there seems to be a few based what we're all hearing but in the meantime barring any of this I think this is going to stay in the $3 range for a bit and then will slowly crawl back to $2 to $2.50. I'l have a look at it then. In the meantime I made my money and out for now. GL!
Comment by
Marshall on Oct 07, 2021 3:50pm
Sound like you're trading based on emotion rather than a true understanding of the technology. Either way, no problem, you'll be back with regrets.
Comment by
Marshall on Oct 07, 2021 4:05pm
You're just reconfirming what I posted. Good luck.
Comment by
whognu1 on Oct 07, 2021 4:04pm
same here butt (i was feeling very nervous having sold 2/3rds of my position the day before the halt) made a nice gain from $1.90; and balance gone at close today realistically if we are going to $50, i will get back aboard once we clear $4.00 good luck