Congrats dude, I haven't sold any yet, know one person who sold 1K of 31K they have yesterday @18. I am in for a little deeper ride its how I play them, the ReCell one riding at $2 mil value right now, but won't even start selling little 2-3K handfuls till above 10 will take 2 years to be out of it.
This one not until above 30 then I will start letting looses 1-2K handfuls from time to time will take same amount of time I imagine to unload all of it, 2 years.
Figured some would sell some, many, all seeing those profits with the momo, that is at an end now thank goodness, just causes chaos. Shorts took it down today, at this moment, there isn't an available share to short, (Have to edit a buddy said fidelity has a few but they want 8.5%) I would imagine it will settle out here and we will trade 13.50-14.50 a week or two then rise up a buck and by next ER solid 20 maybe 25.
The growth and numbers CEO spoke of will make anticipation even greater for Q3, Q4 with Xmas sales thats when it will go bat-shit crazy and I expect it to be back in the 60's-70's which is still below the high last year when it was losing, we shall see.
All tutes are still in as the only one in under 25 is Cross River and if he sells has to file a 13G, I doubt he or any of the tutes are looking for exit and would imagine had some adders.
They went through the downturn many averaging down after RS but they are still deep, a lot didn't add Q2 maybe when Q3 13F's come out we will see Cross River is in about 12 I think and Shah capital 25? The rest 30+ many 40+ and some still holding from them buying 7 (now X12 so 84)
We hall see but under 13 is a no go IMHO now, and with shorts slowly covering should get back to 14. As of now though anyone selling would be selling to an adder or a short so they can cover because as I said, there are none to be had at the moment they took them all the AM to send it down, now they just have to cover and protect their profits.
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