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Re: TripTrap post# 21758

Tuesday, 08/31/2021 9:03:42 AM

Tuesday, August 31, 2021 9:03:42 AM

Post# of 37836
Trip, thanks. Glad you like my ramblings. And while I agree that it could shoot up past $4.25 I really also think it makes for so much drama that is it not fun on the other side of the spike for those real humans who will get caught in the hype cycle and not understand. Some of them putting in lots and then being tempted to hold until they can’t take the fear.

I want everyone to just take a gentle ride up for years. I know it won’t go like that… but it would be awesome if people just came, bought, held, and there was no manipulation, and it just grew as the company grew. And it was like normal orderly investment. Some buying, some selling.

The pumping is just as bad as the dumping.

I have belief in this, but I also don’t think it can support huge spikes to 20x future looking revenue. 20x 200MM is 4billion. That is a $10 price. If it goes that high, just on run rate, which would be like our previous $3 run it won’t sustain it. Those who hold until then and sell on the way to that peak would be very happy indeed.

I am not saying it can’t run to $10. It really could. But I would feel for those buyers at $10 once it corrected. $3 to them would be like where some are now. And that just makes for a hard lesson.

Don’t get me wrong. I want to see a run faster than fundamentals just to have some excitement again.

A $5 price would make me happy indeed. And if I could hold some for that $10 price. Wow.