News Focus
News Focus
icon url

jufel

12/04/22 6:34 PM

#96916 RE: Express1 #96915

Do you remember Citibank C in 2008-9, after the horrendous crash? C did a RS and it was a successful one. BOMO is not C, the difference is C had Dady government to help it out. I hope I'm wrong and you guys do well but I doubt it but its just me. I'm here just as a watcher if things go the way I expect I will jump in for a Dead cut bounce otherwise if there are good news before RS then congratulations, IF on the other hand good news come after RS I will jump in for the bounce. The scenario i expect is RS, no news and the stocks tank for several days, maybe weeks, and frustrated shareholders never trade again BOMO. Maybe later on a bounce could happen until the equivalent of todays 0001-2 level . The reason It wont go upper is because all the shrs bought at 0001 -2 will be sold at the same level just to get even. You could say support becomes Resistance.
icon url

scubabum

12/05/22 11:04 AM

#96938 RE: Express1 #96915

i want to smoke what you're smoking, that makes you think you're walking about with anything over ten bucks with 25m shares that are about to be rs into pennies.