Saturday, June 16, 2018 7:49:26 AM
With all the uncertainty I'm not chasing this nor am I tempted much at this price still. Stocks that go up 600% usually have a major pullback and we have begun to see that. Combined with a large sell block (maybe?) - the stock is vulnerable to slipping back down to the low pennies again. Countering this is any developments with getting the movie closer to distribution.
I do think the movie will come to market in some form so there is hope, but still plenty of unanswered questions at this point both with the movie and the stock supply-demand situation.
It's like navigating a mine-field.
My philosophy is to just be honest and balanced, and let the market decide if it agrees or not.
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