because of the FLOAT 105 Billion is unheard of.
I learned quickly, my first year in OTC playing triple zeros and double zero plays. The float matters. If it crashes on you, if it has a smaller float like 500 million or even 1 billion you can easily wait it out, average down and it will always have momentum again. So even on a risk play, you have a way out.
This year I stayed away from 5 billion, 10 billion and 20 billion floats, except for HCMC.
I bought in this because I wanted to see if it could be done. Taking the biggest, most outrageous float out here and get it moving. It was like pushing a full semi truck up a hill and through a concrete wall by the time it hit its high at .0062.
We moved it, we all did and that right there blew my mind. I held all the way back down from that and that was my mistake. With that said, I also knew not to be a bag holder here.
The hype is amazing, the float is a killer. Goin forward watch for smaller floats. I am in some penny plays that have 300 and 500 million floats. Way less risky.
GLTA