= HMNY = Chart = Repost from HMNY board - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146500155
HMNY is likely one of most followed stocks at the moment and positive sentiment has been growing the past several days on StockTwits - https://stocktwits.com/symbol/HMNY
IMHO, all the poor company fundamentals have already been baked into the current cshare price and moving forward, even being delisted from Nasdaq would be seen as positive development that would push the share price up. At this point, continued negative postings will fall on deaf ears as they are all "old news" unless negative postings are done with ulterior motive of "trying" to push share price down further to cover or buy.
"What’s your price target 0.015 or 0.02’s ?"
As we saw on 1/25 to 1/29, HMNY is wound up very tight to spring up/pop on anything or on nothing. Do we really know what caused the pop on 1/25-1/29?
Maybe it was shorts covering. If so, it WILL HAPPEN AGAIN.
If it happens again and sustained over longer number of days, how much will HMNY pop to? I think short squeeze could readily push the share price past $.015, perhaps past $.02.
I don't know if anyone knows for sure until it actually happens. And if coupled with ANY non-negative or positive news, HMNY could really pop past $.03. In October of 2018, HMNY popped from $.013 to over $.05 in 2 days!
This may not be the case but risk I am willing to take on a stock position (I trade multiple positions). I am curious what could happen with HMNY so I am trading HMNY but if anyone has any doubts or concerns, he/she should trade some other stocks with less potential for volatility. GLTA - https://investorshub.advfn.com/Swing-Trading-Model-36395/
HMNY is likely one of most followed stocks at the moment and positive sentiment has been growing the past several days on StockTwits - https://stocktwits.com/symbol/HMNY
IMHO, all the poor company fundamentals have already been baked into the current cshare price and moving forward, even being delisted from Nasdaq would be seen as positive development that would push the share price up. At this point, continued negative postings will fall on deaf ears as they are all "old news" unless negative postings are done with ulterior motive of "trying" to push share price down further to cover or buy.
"What’s your price target 0.015 or 0.02’s ?"
As we saw on 1/25 to 1/29, HMNY is wound up very tight to spring up/pop on anything or on nothing. Do we really know what caused the pop on 1/25-1/29?
Maybe it was shorts covering. If so, it WILL HAPPEN AGAIN.
If it happens again and sustained over longer number of days, how much will HMNY pop to? I think short squeeze could readily push the share price past $.015, perhaps past $.02.
I don't know if anyone knows for sure until it actually happens. And if coupled with ANY non-negative or positive news, HMNY could really pop past $.03. In October of 2018, HMNY popped from $.013 to over $.05 in 2 days!
This may not be the case but risk I am willing to take on a stock position (I trade multiple positions). I am curious what could happen with HMNY so I am trading HMNY but if anyone has any doubts or concerns, he/she should trade some other stocks with less potential for volatility. GLTA - https://investorshub.advfn.com/Swing-Trading-Model-36395/
Learn to identify rebounding stocks and set BUY/SELL points using simplified Swing Trading Template - https://investorshub.advfn.com/Swing-Trading-Model-36395/
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