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Thursday, June 03, 2021 5:52:42 PM
One of the biggest dislocations in the space since march 2020 lows, hands down.
Wouldn't be surprised to see it cut in half over the summer either.
High 20s or low 30s , maybe.
Obviously, there'd be little to no justification for such levels, but summer doldrums in the past have proven to be brutal, especially w/ otc/cse listed pubcos.
Hopefully the seasonal trend is bucked in 2021, but I'm leaning towards it being a low probability event.
I dont think it matters w/ a longer term view, but history says to be cautious thru the summer.
GLTA
Gw
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