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Alias Born | 12/31/2014 |
Thursday, February 08, 2018 8:18:25 AM
Me too! I do believe that someday this will move again and all of us holding bags will be able to get out. But lets think about it for a second..
Its been at least a month since there has been a bid and we still have not sold all the .0001s out there. The price will not move to .0002 until all the .0001s have sold. Once that happens and we get asks at .0002 there will literally be BILLIONS of shares trying to sell at .0002 as all those .0001 holders try to double their money and exit. Billions.
But at least thats a good sign, and the stock may even move higher after weeks of sellers exiting at .0002 and moving on. I think it will be weeks before the .0002s sell and the price action returns to some semblance of normal.
Thats the funny thing about greed, its contagious. Who ever the powers that be are, they will pump and dump again sometime. As long as no one is in a hurry and can wait, we will all get out of this eventually. Just my humble opinion.
“We are like farmers chopping down the fence for fuel when we should be using Nature's inexhaustible sources of energy. I'd put my money on the sun. I hope we don't have to wait until oil and coal run out before we tackle that”. — Thomas Edison
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