It's all priced in bro
Tell me where I advocated for this being a long term hold and not a buy the dip then sell the recovery
I'm already on record as saying $2.50 was the very bottom, since then I've said to buy more dips
Although I do think the stock has potential to recover and get closer to the double digits
No, you said it had potential to bounce to 5+ the next day and it didnt. In fact it wouldnt see 5+ for more than 2 weeks after your prediction
Wow! Two whole weeks!
Walter White you got me dot gif
I can make up bullshit too. Pick a penny stock, say it will go up to X by tomorrow. And if takes 12 weeks instead of 12 hours I too can be a faggot and write replies like
"Wow! Twelve whole weeks!
Walter White you got me dot gif"
Tiresome exercises with low IQ idiots.
I can reply like bullshit too. Pick a sensible reply, exaggerate it to absurdity. Pump two weeks to twelve I too am a faggot and write replies like
Wow! I'm a faggot so I'm going to pump and dump two weeks into twelve because normally I'm a two minute pump and dump premature ejaculator into u boyfriends hiv infested rectum.
How long should I hold it for?
Depends how poor you are.
Thank you for proving my point.
Under $3 is my entry point. I am already on record as saying $2.50 was as low as it can get. I see considerable potential for +10-20% short term gains. I also think longer holds have considerable potential to pay off.
I haven't picked a penny stock at random. I've been following this company since before its IPO.
Thank you for a reasonable response.
Based on what I see on the financials (huge loss of sales and net income dropping by hundreds of millions of dollars into the red) and the 1 year chart, this company is in a lot of trouble and the occasional spike of stock price (as it continues to head down overall from 18.63 to the sub $3 range) make it a terrible investment.
This company also took on over $1B of debt somehow despite only having a market cap of 100M. They probably did it when their stock price was much higher. But at the end of the day, you have a company with 1B of debt, that has a NEGATIVE 701 million in income in 2023
This company looks fucked.
I think this dude eats dog jizz out the snatch of the CEO.