SoundHound AI Stock Discussion

73492634 : Why bother discussing fair value with hot stock trading ...... stocks like IONQ, RKLB, RGTI have all skyrocketed

Pochong : Will go back to $7

73583303 : Y ?

Tyler0710 : Not dollar. Haha

Tyler0710 : Do you have renminbi?

PAUL BIN ANTHONY : Thank you.

All in everytimes : Are you nervous?

95675090 OP : Hope 2 points rise up.

Tyler0710 : $17.5

Tyler0710 : The RMB closed. Blindly marked.

Lao bao : What do you mean?

104591372 : Can you explain further

72058143 : so you see it hitting $15?

Bushky OP 104591372 : bear flags. fallow there red line. 14 15

Bushky OP 72058143 : chart it. bear flags. 14 ish next stop

Bushky OP 104591372 : bear flags

72175489 : hit boottom and up

Thefeddjokerdal : Then why is it down so bad

10baggerbamm OP Thefeddjokerdal : do you see the broader Market down today do you follow the 10-year treasury at all did you look at the economic news that came out that shows that the consumer is stronger than expected that's inflationary the 10-year Treasury selling off meaning the yields are going up is very negative for the market 480 will trigger a massive cell in the stock market so I don't think you follow what's going on it's not specific to SoundHound it's not specific to any company unless they had negative news then they're getting hit extra hard.
I mean the reality is SoundHound went from eight bucks to $24 with no change in fundamentals it became a momentum play but that's a different story

Thefeddjokerdal 10baggerbamm OP : Yes that’s one thing but I mean they are happy valuing a stock 4 times more without change in fundamentals as you said but suddenly then they’re not just because of these very routine economic data , then bam soon they forget it again. Would you buy this dip assuming you consider it a dip? How do you even define it as a dip or not? Fundamentals?

10baggerbamm OP Thefeddjokerdal : I have a cost basis of zero I was in this when the warrants were 18 cents and a common stock was $1.8x I traded it several times I traded it around $5 dollars a couple times..I bought some call options last week and did a trade in a day but I'm not accumulating anything here.. it's broken support so now it has to create a new level of support.