only scratch and I "pumping" because it's a lazy Friday. fres did, then took his weekend....and lucky and others who refuted your call did too.
they'll be back on Tuesday or over the weekend.
volume was 312M...sure that's 1/5th of the 1.5 billion on the pull up to the 20-25 spike but honestly, shares moved between 20-25 was at best, the tens of millions. and that means 1.2 billion were buys and holds.
smokey, we appreciate your churn thoughts, indeed even scratch and I have pondered in private, as we do on all stonks, oh how wonderful would it be if we sold our entire stash at 25 and rebought it all at the 13 or whatever local low this would be.
however, and again I'm sure I'm preaching to the choir now, a couple of thoughts:
1. that's impossible. only one entity usually sells at the utter spike. and it's impossible to hit the local lows so dollar cost averaging is best.
and churn for this stock now that its out of trips and now that there is metaphorically a French revolution of stocks going on, churn is not the best strategy, on any stonk. I'll say it again. Biosolar gives us 10 cents. if I panicked and sold, I'd make like.....a 50,000 dollar profit....and then....it gaps up on Monday to 15 cents.
multiply that by any stonk and there's no way I'm going to completely sell out and PRAY I can catch a low.
ok you aren't bashing UBQU. ok then. folks, do what we do....take profits....place LIMIT sales . today I'm sure folks did a lot of that at 15 and closed it. of course, they may regret it because what is to stop us from threatening 20 next week or more? we did it twice and momentum is positive.
as for going down the third time in 3 weeks....3 weeks ago we were at what? trip 7, trip 8 it's gone up not down.
as for the 10 billion more being released....I refuted that in my last post. I don't see it. and if it did happen, I guess I'll be back at nobid, richer than I was before, probably buying trip 1s in the 100 millions for tens of thousands of dollars, assuming the reason WHY it happened had nothing to do with the future possibility of this running up yet again. my guess is if WE EVER do see a drop back it is because somebody BUYS the argument of increased dilutibles always = bad and gets some bigger hands to panic?
smokey you are 100% right on that rule. we've ALL taken some profit. I have too. but I just don't see the dips you are calling for, these hard dips. and top be honest, I'll be taking my profits to stack the bid just like JD mentioned and continue the flat churn UNTIL the next gap up....where i'll take a LITTLE profit, and put it right back on the bid.
multiply all that by all the "pumper" posters here who took the day off but are probably still holding a LOT of trip 1s they got greedy on
also last thought...thanks to the reddit WSB guys....of which I am one....they kinda hate wall street now.
it's a new biden bull market, no matter how Ifeel about it. when in bidenrome, invest as bidendo….er….just buy the living hell out of MJ and green energy stocks. you can't miss!
thanks for not bashing on UBQU, my old friend. I really do suggest you take some of the profits you made on flips on this and all the other stonks amd place a humble bid at 12-14....maybe fill it....but join us in the PUMPER BRIGADE
BUY AND HOLD - the new battle cry of the unwashed storming the bastille of wall street
buy buy buy buy buy - Justin Timberlake