InvestorsHub Logo
icon url

cadillacdave

05/02/21 7:43 PM

#42168 RE: cinnamonpee #42163

That would be the starting point after the wild swings we will likely see this week.
icon url

madprophet

05/02/21 10:00 PM

#42179 RE: cinnamonpee #42163

It will not matter tomorrow.
Tomorrow will see a lot of people all trying to get out and the long holders who have been saying buy buy buy won't have any funds left to buy, so it will drop, then keep dropping.
People will be desperate and will sell at market, and that will crater this as not enough money will pour in to prop it up.
Once all the desperate people are cleared out,
and all of the "bottom fishers" and "market timers" will load up on cheap shares and trade this over the next 12-24 months while we go through CAFC process and the up and downs involved in that process.
But what do I know, nothing bad can happen here, I am just trying to talk people out of shares.