I think the price will go down below the 3 USD. My reasoning is although it is a good company but it is not making revenue quarterly which is profitable for shareholders.
The Nasa launch date is further down the year around Dec, but as we all know the possibility of delay is very high, plus when u know the launch date is so far away, Investor will withdraw and invest their money elsewhere then buy back the stock when it is just pre launch time.
So ur entry point can be when the stock falls below 3 or even the low 2s OR just prior launch date whuch is 2 month before Nov, so September something.
But take my opinion with a pinch of salt, as we all know.. market is heavily rigged.
LeoforDharma : i have a feeling it will be shorted today.
EZ_money OP LeoforDharma : every stock gets shorted
LeoforDharma : Which is what I want, to further buy more hehehe
EZ_money OP LeoforDharma :
understandable
Shaun OBrien LeoforDharma : 🫡
Shaun OBrien LeoforDharma : In your opinion, what is a good entry point
pioneering Monkey_01 : hope it cheong back to 5
LeoforDharma Shaun OBrien : Alright but this is my opiniion alone.
I think the price will go down below the 3 USD. My reasoning is although it is a good company but it is not making revenue quarterly which is profitable for shareholders.
The Nasa launch date is further down the year around Dec, but as we all know the possibility of delay is very high, plus when u know the launch date is so far away, Investor will withdraw and invest their money elsewhere then buy back the stock when it is just pre launch time.
So ur entry point can be when the stock falls below 3 or even the low 2s OR just prior launch date whuch is 2 month before Nov, so September something.
But take my opinion with a pinch of salt, as we all know.. market is heavily rigged.
Shaun OBrien LeoforDharma : Thank you for the input. My thoughts were along the same lines.
LeoforDharma Shaun OBrien : Hehe, good to know I am not alone