Replies to post #10006 on Notis Global Inc. (fka NGBL)

[236T568]

Agree

and the drop to below $10.00 is going to be even more drastic than the increase to the current levels

The problem with a stock like MDBX is that the only reason to buy it is that the share price is rising. At some point, the share price stops rising. It can't rise forever.

When that happens, there is no reason to buy any longer and therefore no reason to own it. Then only sellers remain. And then the price goes down right back where it came from.

That's the way it goes. Unless someone wants to make a case that the fundamental value is today somehow 5x what it was a week ago.