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Re: Tiger Money post# 72669

Monday, 05/02/2022 10:06:15 AM

Monday, May 02, 2022 10:06:15 AM

Post# of 73468
It declined due 2 things IMO, the first was impatient investors as you stated, this is the OTC after all, most are looking for a quick flip. The second IMO is due to lack of buying pressure and the default MM trading algorithms forcing a stock to trend down over time to a point where people start buying again.

Their goal in the split was solely to meet the NASDAQ $4 for 30 trading days requirement. If they are successful in up listing they will have an up to $28M capital raise in conjunction with the up list.

No guarantees here, but I like my chances.

We all choose to invest our money. Whether we win or lose is solely due to the person in the mirror and his/her ability to do DD. Finger pointing and a lack of personal responsibility are simply sad traits that the weak-minded possess.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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