Fringe! Another excellent post!
For several weeks now I've had a GTC sell order in 28 cents a share. I'm beginning to think that may be conservative!
I've been on stocks such as NEOM a year & a half ago when they came out of the basement, settled at .04, just above resistance & then ran to .38 after a period of accumulation! I remember someone drawing my attention to the strength of various indicators on the chart prior to their run. They were not as strong as what you've just outlined.
Monday, tomorrow, I will alter my GTC order so that some will go off at .28 followed by another block at .35 both of which could go on a serious momentum run. I will hold a healthy core by putting a block out there for a buck a share which will not be reached near term! But if they want them they can have them!
Maybe none of this comes to pass. However I've seen lesser stocks run past market caps that made absolutely no sense what so ever. This stock actually has a good reason to run past .35 which places it at a market cap of 300 million. Unrealistic? Yes! But momo runs tend to do that!
Once again! Thank you very much for sharing your thoughts!
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