$PHIL Today I was tracking the sentiment
Today I was tracking the sentiment in different boards and it's completely bullish. One of the the things that standouts of this stock is the conviction of investors. Suffered huge dips and came back up in no time. Based on the sentiment, should go up but at the same time there's other factors to think about. Like I said in my last article about this. Short term investors are out now, only those who are willing to go for the long run should be here.
What I see?
The volume is decreasing, this is happening b/c the closest catalyst will be probably in weeks. The stock is looking like is going to make a come back but I don't think getting over a penny is a problem here. What scares me are the fillings. I expect bad finance like everybody else, no revenue etc. We already know about that but MMs will use the info to drop the price premarket again. How many times they will do it? I don't know. How many fillings to be current? Hmm. Those who are holding at this point, don't expect them to sell but MMs will drop the price anyway just like they did with the last 10k. I expect another drop with the next fillings. This volatility will be bad if you buy and hold but could be really good if you trade it properly.
The future
Do not anticipate, I will suggest you to get out before any fillings release and get back in the dip. Not trying to say hold is bad but you could make x2 gains doing simple things in the long run. Expect the worst b/c this isn't about sentiment. We love the stock. This is about the fundamental game, etc. MMs knows what they do. We need a PR to get more volume, I see two scenarios right now: A) We have another 10-25% run tomorrow getting attention of new investors. B) Volume decrease.
If the volume decrease but the price keeps going up, this definitely will get more investors b/c the price action is attractive, a lot of volatility etc. If this doesn't happen any dip will be harder to come back. Lets see tomorrow.
