Watch level II….hundreds if not thousands of 25,50, 100 Dollar trades then 1,2,4 M buys…retail isn’t doing the selling it’s hedge funds artificially driving up the sell volume with low dollar bid whacks. Watch right now huge buys in the spread….hedge fund was caught trying to cellar box RSHN and trying to cover as low as possible…why have a huge sell wall on the tight spread?
Look at MJWL…no revenue and has convertible debt but market cap is almost 10x of RSHN…why???
I mean this was a mom and pop type shop before Sweat got the ambition to go far beyond regional so I can buy some changing in philosophy and things not going exactly as planned this dude is winging it with some advice from others he knows who have gone thru the process. As long as he doesn't go silent, keeps up with the financials and things continue to advance according to plan i'm actually continuing to buy a little here and there. Don't invest more than you can allow yourself to lose. Its a slot machine and the wheels are still spinning.
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