Yes it really sold off! But I'm glad I bought alot and brought my average way down! Today gave me confidence I did the right thing. ABQQ keep going up.
The pullback from the 3s was initially just a chart consolidation and to be expected. The revenue guidance came out monday so it wasn't fully known until now. There was only speculation of revenues based upon the company's Tweets before then.
Apparently Metatron is considered a scam by many and it precipitated a sell off into a short term chart that was already struggling. That brought us to the Trips. The company reversed their decision and abandoned the arrangement with Metatron. It seems the company listened to shareholders like myself who wrote to them and expressed our concerns. Then the revenue guidance came out and made traders/investors realize how undervalued they are. Now they are getting back in, as is evident by todays bounce.
I have a short term bounce target of .002 - .0021 but only time will tell. Longer term my target is much, much higher but let's not get ahead of ourselves.
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