Opinion
$Kaival Brands Innovations (KAVL.US)$ hi @Trytosaveabit. I hope your drs appointment went well. I appreciate your insight and analysis on things. I know i havent made the best trades and wanted to get your opinion on this stock. Did it rise because of the offering? I am unsure if earnings will affect this or if its going to continue being bearish.
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Trytosaveabit : It’s my opinion that it was a couple different things came together! The secondary offering was to close. ( it got moved that day ) also the SI was around 30%+ and the CTB was about 800%! I believe some volume came in and started to push it up and some SS’s thought that with the CTB and the price it’s not worth tryin to hold! So they started to cover in turn price went up more and more people piled in FOMO! And it just snowballed from there? Again this is just how I seen/see it! As far as where it’s going from here in near future? As for me right now I. about 50/50 that it may get another decent PI in the next week or so! JMO NFA! GL
Trytosaveabit : Thank you so much for the well wishes 🩷
ECsnap OP Trytosaveabit : I appreciate you so much! PI is profitability index?
Trytosaveabit ECsnap OP : PI = Price Increase! But you were darn close! Hehehe
ECsnap OP Trytosaveabit : I am embarrassed. Thank you!
Trytosaveabit ECsnap OP : Don’t be! Lots off different abbreviations thrown around! If you’re not sure? Always better to ask. Then you’ll know next time