TeraWulf Stock Discussion

Jaydan6688 : Need to see link bro

TechWhiz : why sell before AI announcement? coming very soon

Mark Livermore OP TechWhiz : Risk management. i would rather have no position or tiny position for earning release. As i could always bought it back if it gave positive result.

TechWhiz Mark Livermore OP : ok. understood. different strokes for different folks

BeeDeeVee712 : Very well written and explained post. And I'm with you on $TeraWulf (WULF.US)$...I keep wanting to sell out and take profits, but I cannot find any reason to make me think this doesn't still have room to grow.

Mark Livermore OP BeeDeeVee712 : It would depend on your sell rules. I 100% agree that this stock is very powerful, due to my recent trades and market sentinents, i would need to reduce my size on it, might buyback in future.

BeeDeeVee712 Mark Livermore OP : Yeah, that's what I did too... I think my diluted cost is around $1.20 or so, give or take $0.10. So, yeah, I'd say so far so good with this and I like my position and where I'm currently at with this stock! Good luck to you my man!

lariet : heavy shorting. that's why the volume is so high. as much as the price per share has gone up since the beginning of the year people who were shorting it then and are deep in the red May be getting close to being margin called. so they double down and short it more just to try to keep the price down.

lariet : they short it more for 2 reasons one they believe the stock is over valued. and 2 to try to get people to sell their shares by making them think the price is going to bottom out.

JT99 OP lariet : so we are gg to rocket it up if BTC goes up and buyer set in

lariet : it's looking pretty good since the price is rising due in part of Bitcoin going up. BTW they are also shorting to try to keep the price under 7 dollars a share because it's a key price for call options to be in the money.it would create more buying pressure for the price to run higher

TechWhiz : relax, normal profit taking. other miners are also down. there will always be shorts n longs, that's why it is liquid n volatile.
should be sideways action with an upward bias from now till they announce the ai contract.