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Re: TheGuy87 post# 32689

Sunday, 02/10/2019 1:08:39 PM

Sunday, February 10, 2019 1:08:39 PM

Post# of 71099
I have to agree with you, till we get more news (news with some weight behind it). This stock is starting to catch the attention of more and more traders, since Feb. 4th it appears two things have happened: 1) Shorts are getting bolder. 2) Day Traders have moved in as well, looking for that 20% swing.

Do the maths, the potential 20% profit per day over 4 to 5 days has the potential of 50 to 100% gains over the cores of a week.

As far as going lower, I do not see it happening (maybe inter day), EOD price even with the volatility is still going higher. Look at a 5 or 10 day chart and draw a trend line from Fridays close backwards to Feb. 5th, the lows between the two points keep bouncing of the trend line. Don’t get me wrong, this could be pushed lower by MM, but does not seem likely, there is still a lot of buying pressure.