do your own research
1. Who will sell?
Answer: The stock price is already at the bottom, all the panic is basically sold, so basically no one will choose to sell now.
2. Who will buy?
Answer: Even without any retail purchases, nearly 40% of the short positions need to be closed, plus the 25 million repurchase.
So do you know the stock price trend now?
Answer: The stock price is already at the bottom, all the panic is basically sold, so basically no one will choose to sell now.
2. Who will buy?
Answer: Even without any retail purchases, nearly 40% of the short positions need to be closed, plus the 25 million repurchase.
So do you know the stock price trend now?
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FANCY PANTS : 1) THERE ARE STILL PLENTY OF PEOPLE WHO FOMO'D IN ON THE RISE TO .30 WHO ARE STILL BAGHOLDING, HOPING THAT ONE DAY IT WILL RETURN TO A POST-SPLIT PRICE OF 2.70 AND THEY CAN BREAK EVEN.
ALSO NEW PEOPLE WHO BOUGHT IN ON FRIDAY.
2) THE STOCK PRICE ISNT FAR FROM A 52 WEEK LOW. NEARLY ALL SHORT POSITIONS ARE IN THE GREEN RIGHT NOW.
THE BUY BACK IS NOT GUARANTEED AND THEY ARE UNDER NO OBLIGATION TO FOREGO IT. EVEN IF THEY DO, THEY ARE UNDER A BLACKOUT PERIOD ENDING ON A DATE NO ONE KNOWS.
THE MOST PERTINENT OBJECTIVE FOR THIS STOCK IS TO STAY ABOVE 1 DOLLAR FOR 10 DAYS. THE COUNTDOWN IS ON.
Trushar Rathod : No one is willing to sell because there $10 k has turned into $200 after infinite reverse splits.
Haymaker78 : This company is the biggest joke I have ever seen in my life