Daight
:
very simple, many who buy at $20++ sell for profit. many who bag hold from $40 weeks ago sell to clear loss or minimize loss, they are too scared to bag hold any further.
not saying this would drop further, just simple human mindset, if you baghold from $40 and see red for weeks ,now it finally shoot to $40, would you still hold hoping it would rise to 100 or quickly sell to give you a peace of mind?
it takes tremendous trust in this stock to bag hold further.
273794940202 : pump dump
Beasty99 : It’s cause roaring kitty people found out he has 60 mil in calls til June
Beasty99 : So it’s going to be volatile
Daight : very simple, many who buy at $20++ sell for profit. many who bag hold from $40 weeks ago sell to clear loss or minimize loss, they are too scared to bag hold any further.
not saying this would drop further, just simple human mindset, if you baghold from $40 and see red for weeks ,now it finally shoot to $40, would you still hold hoping it would rise to 100 or quickly sell to give you a peace of mind?
it takes tremendous trust in this stock to bag hold further.