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Re: None

Monday, 07/31/2023 12:22:08 PM

Monday, July 31, 2023 12:22:08 PM

Post# of 34625
Greed and Fear, in one sense or the other. FOMO, fear of missing out stretches the rubberband too high one way and FOHO, fear of holding on stretches it too low the other way.
A lot of small retail bought in at $1, $2, $3, they were happy when it went above $8, now just taking profit as they see it drop.
Some of the smaller holdings institutions that were, first pissed when it went below $1, then were relieved when it went above $8, may now just be ditching their positions all together.
I'm actually hopeing that this is a ton of new short plays who are trying to recoup their losses from when they had to cover on the run up to above $8.
The combined volume while it was going up for weeks was much more than the combined volume of the last few days going down.
To recap, I just don't know.
Haven't pulled the trigger yet, still waiting for the stategic review and want to see how this drop plays out and where this lands.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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