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I think they screwed up the coin rollout and a lot of people panic sold. I think the CEO is old school and probably doesn't even know how to check the company twitter account. I think the shorties have manipulated it all the way. For the above reasons I think it is heavily oversold. Not gonna lie, I wish I got out in the .03's, but I would def be buying back in rn if I did. I never thought it would drop this low, but here we are, that's the risk you take with OTC. I still think this has the potential to hit around 5c before the end of this year so I'm letting it ride. You don't lose or gain anything until you sell.
The "told ya so's" are back.
And yet they still hold positions?
Who's the bigger fool, those that still believe in this stock and are in long, or those that think it's a pos but stay in anyway?
Just sayin.
Hope you are right. I think we need to at least see a close above .014 to regain folks confidence.
Looks like a breakout from the usual drop pattern. Could be the turning point right here if it can get back into the .009s!!
Yes...I'm trying to stay positive here...
- No real reason for the massive drop
- Heavily shorted
- Solid history of updates
- Nice volume
I can definitely see the potential for this thing to pop big if we get a sudden spike creating a shorts panic buy back.
So help me understand this...My logic tells me that if there is a large amount of shorts...they MUST buy back at some point in order to make a profit...just keeping them forever doesn't make sense. So this being the case does that make a short squeeze inevitable? or can these shorts just get eaten up through steady inclines/declines?
Some people on here:
Now you are just being silly.
Only it didn't recover yesterday. Why make stuff up?
Prefer when it's not my blood lol.
Brutal.
Not from me.
.008 is the loading zone IMO.
Selling now would be the dumbest move.
Wish I had more money in my account. I would load up LARGE at .0080
Looks like we are heading for .008 before she will bounce.
There is an old point of resistance at .014 that I think it needs to break first.
If it drops again, the next level of support is at .0080
Here is my guess for the resistance levels on the ladder back up.
.0140
.0180
.0200
.0222
.0227
.0280
.0370
That said, a good PR could bust through several of those in one pop.
Just my 2 cents.
Looks like its getting ready for a bit of a squeeze!
Told ya!!
Personally I think we will see green today. Don't think it will be much but we should see a steady climb back up now.
Yep. Fortunately, I'm still green but barley. Like I've said before though...you haven't gained or lost anything until you sell and right now would be a really bad time to sell.
Amazing work by company $DSCR
$DSCR-The ruby gold chief geologist has just arrived back in his home office and will be working on the 3-D maps of the main workings and structures. He will also be working on orereserve calculations and drill targets. #GOLD #cryptocurrencies #CryptoNews #goldprices pic.twitter.com/62MG3xNxQ0
— Discovery Minerals (@DiscoverDSCR) May 12, 2021
Yep!!
Yep!! nice!!
Tweet out.
How do you know there aren't enough longs?
That's a good point about the bigger players as it gets higher. I hadn't thought about that. lets hope you are right. GL
Having said that, I hope you are right.
I think 50 cents is very ambitious. I think long term it has the potential for 5 cents. which is why I'm holding for now.
Me too but I have to be realistic about it. Yesterday was supposed to be the springboard news that was just the beginning of a potentially big run. It fell at the first hurdle. Reality is now that people are panic selling and its killing the chart for new buyers. I'm holding for now expecting a bit of a pull back as some of those that sold buy back the dip.
oh well, looks like we will be lucky to see .02's again for some time. what a train wreck yesterday was, and today it continues. Very surprised but hey...that's OTC.
The more shorts the bigger the squeeze!!
"There is only one god, and His name is Death. And there is only one thing we say to Death"...
That feeling when a soccer ball hits you in the testicles and you have to put on a brave face.
Yes...that would be a huge bonus.
Agreed.
Can't help thinking that the recent coin tweet and the fact that coin site is not linked, was a kinda UAT on a smaller audience so that they could iron out any glitches before official PR launch. Smart IMO.
Looks like they are working on the website home page....sneak peak here:
https://www.discoveryminerals.com/home-new/
And here they come...All the experts jumping in with their infinite wisdom after the fact lmao. Don't hear a peep from them when it's on a good run.