Can the mods please sticky this post as this article is a perfect, short, sweet, factual and full of nuggets? Thanks!
$50 a share is where we are headed over the next 2-3 months in my educated opinion. As part of my core, I will be withholding to a minimum, 5k of my shares and sell a 1k each at $10, $20, $30 and up to $50. Those sell orders are in GTC.
My goal is simple here. I plan to net $1 million gain here. It is extremely possible too! More so now and over the next month or so as this is a former SPAC. And those who have done their SPAC dd, know their share structure is set up for a massive run before the dilution pours in!
17 million in float is almost nearly 100% absorbed and locked already. Look at the beautiful form 4’s posted after Friday’s close. I have been saying this all along, the Hong Kong billionaires know what they are doing and MOST IMPORTANTLY, they have a ton of capital! They know this needs to run to $50-100 a share before they can announce a secondary offering around $40-60 a share to optimize capital growth.
As people say, watch and learn. That is why I feel so great about this opportunity. Slam dunk? No, nothing ever is, trust me. I have traded in the otc the last 20 years and I have unfortunately found out what too good to be true is as it is almost always never the case. Much different story here and I love the fact that this company is ready for real growth and a big time future!