Once the shorts are covered opportunity will be gone, if you follow someone that ask you to cut loss, it's already too late and if you did. you are now stuck with a reliased lost
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103775419 : what if the stock never jumps back up
103400781 : It’s 30% owned by institutions not like FFIE. Should rebound long term
Weixuan OP 103775419 : the only way for the stock to never go up is that the company is going to be delisted. Institutions and public companies are still bullish in the company fundamentals. If investors exclude retail investors, the lowest it can go will be $6-$7, but that's highly unlikely possible. This is an early-stage company, so there's so much room for improvement. Go check out all some of the companies (Set the Max Filter) and see their first few years progress till they eventually take off.
The real Honey bee : HOLD
103775419 Weixuan OP : would there be a chance that the big companies make a run without us.... cause seeing RR crash is horrifying, and many know RR is better rhan SERV in terms of many aspects. tbh i hope it does well as much as you though. fighting the urge not to panic sell like before and make the lost realised, but worrying that this will create an even larger unrealised loss in the future.
Weixuan OP 103775419 : How much are you down with?
103775419 Weixuan OP : down with 5k, but 2k already realised...
Weixuan OP 103775419 : Just hold on, as the support level right now is strong. Wait for earnings report and see the outcome
103775419 Weixuan OP : okay. but how do you derive that support level is strong now?