Exactely......you get enough longs on a legit stock....and you have a nice uphill run. Not vertical....but up hill. Those are the best and most consistent runs in history. Hopefully this will start to be one of those today!
Key understanding with with TSNP/HUMBL & the trading...
Respectfully, I have learned many years ago that the market has been and always will be made up of short, mid, and long term traders/investors; always have been... always will be. I have come to learn that whenever I worry about those things that I can't control, those things will control me so I choose not to worry about those things.
It's still early with TSNP. I'm not worried at all. I'm taking my chances that too much have been invested into it for it to not achieve new highs going forward. There was $20,021,708 in dollar volume yesterday. There was a lot of selling that was 100% retail selling for profit taking, but there was also a lot of buying to significantly match as evident of the dollar volume. I'm going to continue to weather the storm to see where TSNP/HUMBL is going.
News was indicated to be coming out tomorrow (Thurs). So far, they have never disappointed with any of their news that they have been releasing to inform the market of what they are doing to grow the company. It was indicated that they will be releasing two PRs a week likely on Tues and Thurs, although sometimes we might only get one for some weeks. Regardless, that's far more than the average penny stock.
The new CEO of TSNP/HUMBL buying $10 Million worth of shares directly out of the open market is huge. You don't usually see this within the penny stock world or the major market world. This is some huge show of confidence. This leads me to believe that he either have some major contracts signed or is very confident that major contracts will be signed or no way would he would do this. This is a subliminal hint that much bigger things are coming in my opinion.
A total of over 860 million shares will be reduced from the the Outstanding Shares (OS) and no consideration of change in the OS until 2022 or beyond. This confirms to me that they don't need funding because they have it. This also confirms that the $10 Million worth of shares bought out of the open market, won't be coming back into the market to be sold to suppress the stock price.
I believe they have a huge story to tell and I believe they are still in their infant stages of telling this story to the market. https://twitter.com/HUMBLpay
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