Bull trap
$Phunware (PHUN.US)$ it's obviously a trap, a trap to created a rise in before election and if Trump loses it'll crash immediately, if trump win many retail buyer will rush in to be capture.. then most and will become bag holders and will hope for changes and waiting for financial reports
the financial report irregardless or results will further drop and when that's happened many retailers will cut their losses and it'll drop further.. probably by Monday it'll go back to the old price of 3 to 5 dollars range
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Zahid007 : agree unless they care about us
Zahid007 : but that's very low of them making money from poor investors
103210545 : Understand own risk, sit tight and enjoy the ride
甘妮纳 : Has President Trump not taken office yet?
Don't rush, buy a little at the right position. Wait for the new president to take office.
understanding Antelo OP 甘妮纳 : Continue to wait... By then, the price has dropped to 3 yuan, and then surged back to 6-7. By that time, it will also reach a price similar to the current one. So there is no more profit to make. Breaking even would be considered good.
understanding Antelo OP 甘妮纳 : He has to wait until around January 20th next year to take over..
So wait for 3 months? A lot can happen in 3 months.