Wednesday, October 30, 2019 9:56:42 AM
the typical pattern with resparks like this
is an initial hype run.
then retrace to 0001 until PR.
then run to ~2x-3x initial rally level.
if mark can manage to get pink again,
we'll prolly see 002x again.
if mark fumbles the ball,
then we're stuck again.
seems likely twitch flippers won't have the patience to wait for the 211 process.
so my guess is MIKP will retrace back to 0002, prolly 0001 over time,
while mark chats with FINRA.
i have plenty, so prolly won't fish for any more @ 0001.
but maybe, if it does seem likely that FINRA won't balk.
tho, seems unlikely we would know that confidently
before the official decision gets PR'd or edgar'd.
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
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