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Re: None

Thursday, 01/25/2024 7:46:38 PM

Thursday, January 25, 2024 7:46:38 PM

Post# of 42
A well respected gentleman (Keith) in a private msg asked me a good question,(I cannot reply in private,I don’t have a paid subscription) Keith asked “what are your realistic pps expectations” 10 would be insanely high,8 is currently the top ma (above that is blue sky,pushing tin) , 5 is a big mental number and is about half of original spac ipo and just under half of warrents exercise price, so I give $5 a 50% chance(my sell will be set at 4.44 as usual,just in case it flys up while my head is turned,and it under cuts the big mental 5)
$4 is the gap fill to where it dropped from dec 1st (major resistance but would turn into major support,so anything under 3.44 becomes realistic to me)
$3 would be a 400% run up from.60,very realistic (75% chance)
$2.44 would be just over half of the gap fill and 300% win (highly realistic,85% chance,very common spacs hit 300%)
$1.80-1.94 would be 200% win,extremely likely (95% chance,within a day or two,once it starts,assuming it ever starts and that is the 5% chance that remains wink) as always there is a chance that black rock darkpool mms steal everything and it tanks,watch out for the mm “MMX” tickers don’t get past it on the top ask.
Hope this helps ppl set risk reward profit taking sell points,good skill to everyone!! (I don’t say good luck,it has nothing to do with tradingwink) thanks for the question Keith!!
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