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Wednesday, May 15, 2024 2:33:18 PM
The bearish sentiment for these stocks is at an all time high. Maybe that’s what Sharp wants. Get rid of all the retail Joes and then pull the ace out of the sleeve.
I have a feeling that some prior holders may be quite disgusted eventually, and “if only I didn’t sell”, “I could have made X amount”, etc.
We all know what can happen when FOMO kicks in, just as it does when stocks crash and shareholders feel devastated.
Will be interesting to see how things play out here. $GVSI is not my favorite by any means, and has seen its fair share of massive problems. But overall, I would say the risk reward here is favorable, especially given the steep sell off and extremely negative sentiment.
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