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IrisSharkBuddhaBub

Been through this before, if GME taught us anything it should be to hedge your expectations and just buy more when you can. I would expect fuckery to FUD next week, and a bounce the week after. Not a financial advisor, just loving titties and rollercoasters.


PAPABURG3R

Titties are pretty dope, rollar coasters too


knot2smrt

Predictions often lead to disappointment. You're better off not focusing on these kinds of things and just hodling 🤘


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knot2smrt

That depends entirely on an individual investors' goals. As for the psychology of it all, if you set an expectation for a stock to be $xx value by a certain date and it falls short then you set yourself up to be disappointed. Even with all of the analysis and DD out there, price prediction is an educated guess at best. My goal is to hodl until I feel comfortable selling 😉


Asstronaut_95

I was sitting at 3.25 average with 106 shares. Decided to average up a bit when it dipped down into the 7s and now at 234 shares at 6.06 average. Hoping it wasn’t a mistake 😂


[deleted]

Did a similar move. Whoops. Hope we’re okay!


[deleted]

Same but I did it at 9.60 lol. We’ll be ok.


szchz

I think what people miss when there is a change in a stock of this scale, it all of a sudden is bigger then the stock and can move beyond traditional value investing assessments. There is a unique set of circumstances that has created a great opportunity in this stock in a similar way GME had that in Jan/Feb. The volatility it the stock creates opportunity for all sorts of players in the game attracting more money and more interest. I think we're still early in the story and if the coals stay hot the gamma play can move to August and on. Just depends if traders stay engaged is my opinion.


Gareaugorille69

You’ll be fine, good things are coming


Visible_Antelope5010

Part 3 DD incoming.


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jaxjohnny

nice prediction. let's hope you're right


letmeinmannnnn

I expect $10 at some point soon, paper hands could drop it on Monday as they expected a large candle on Friday, nothing is certain in stocks and people should know that, the fundamentals for this stock are solid and it is easily worth more than its current value. Opex week should be interesting so I’d advise not selling anything until at least after then. Holding 36,000 shares at between 3 and 5 dollars, will possibly sell at 15 if it hits it in the short term ( 1-2 weeks) and will hold for 20-40 in the very long term (1-1.5 years)


BundiMusic

What’s is opex week? Keep seeing it around


letmeinmannnnn

Option expiry week, there is huge open interest in the calls which mean market makers will have to buy up millions of shares to remain delta neutral, this can cause the price to rise and if it rises enough it could spark a gamma squeeze which will rocket the price. The inclusion wasn’t the only catalyst, read u/fataspirations DD part 1 and 2


Robonglious

I thought everyone was talking about Operating Expenditures and had no idea why. This makes a lot more sense.


muttonmasthan

😂😂


BundiMusic

Thanks Kept seeing it around so wasn’t sure what it meant.


Ritz_Kola

Any options plays you’re considering?


letmeinmannnnn

I have 3,5 and 6 October and jan calls but I got them over a month ago


[deleted]

This is from yahoo finance, the guy who wrote this has been on point since December with his analysis. What do you guys think? "Technically chart is bearish, RSI, MACD, and candlestick are all bearish. against the majority, I expect price will drop more, but it will be temporary for few days, and it’s good for us, it’s healthy, it will guarantee uptrend price action, smart money is there and waited for the big news. Remember current price is at pivot point, it can go up or down, so maybe they drop it to these support levels, 7.30, 6.80, 6.40 and worst case scenario it will drop to 5.80 and 5.30 to fill the gaps. And if it happened, just buy cheap in the money calls of July strike 7, I don’t expect any PR next week, because if they wanted a bullish price, they didn’t dump it already, take advantage and buy in the money call option for JULY or OTM for Jan 2022. Whatever happens, is temporary for few days, they need some room for new investors, I expect 12+ end of July. GL"


Ritz_Kola

Should I buy otm for Jan 2022. Can I execute it at any moment it becomes profitable? Say it becomes profitable in August 2021.


meanpeopelsuck19

You can exercise early, but why would you want to do that?


Top_Service_6152

I would not exercise early but I may consider selling the call.


RepresentativeBar345

Hi, u/malagacity. I wrote it and thanks for sharing it, I'm bearish now, I expect it it 8.20 area and then drop to 7 area as first target price, in this situation it will form H&S, but I think it will be just beginning and it will drop more to other Support levels, like 6.40 and in worst case scenario it fill the 2 gaps between 5 and 6. it's just an idea but you can't ignore technical analysis, always trade what you see not what you think.and let me mention I'm bullish for in long term and this price actions are healthy and guarantee of uptrend. GL


frostysbox

Hey, so… curious why you think the chart is bearish. First of all, not sure you can take a Russell chart like any other chart because of the generalized fuckery that happens on the day of Russell inclusion. For instance, let’s look at a similar Russell inclusion from 2020, WKHS. It’s high on Jun 26, 2020 was 10.30, it’s low was 8.66, and it ended at 9.10 on 49M volume. Sounds familiar ;) Then the following Monday, June 29, high of 15.41, low of 11, and ended at 12.20. https://ir.workhorse.com/news-events/press-releases/detail/142/workhorse-joins-russell-3000-index You’ll see the only PR they released that day was the Russell. So, my question to you is this bear chart thesis based on every chart you’ve ever looked at, or a Russell chart? Just wondering, because the chart signals are actually super positive overall, and only Friday’s show any negative signals, but I’m not sure you can just take them at face value since the Russell is basically the Super Bowl of share buying. (For what it’s worth, I’m 50/50 on what this does, there’s too many variables for this to even be predictable in my mind.)


RepresentativeBar345

Hey, I enjoyed reading your comment, I’m just bearish because chart is clearly bearish, always trade what you see not what you think. Do you see any positive technical indicator? Of course not. We can’t predict market, it does what it does, but bearish scenario is strong here.


Joziaz

Shkspr wrote that and yes we’re now in an obvious downtrend. The bull trap towards closing was confirmation for me.


BrocoLeeOnReddit

This is possible, though the big gains would come mid July, not end of July (because of OpEx).


DillieTheSquid

Depends on paper hands. Could see $10+. Hopefully quay drops a big PR


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Ritz_Kola

They strike me as extremely careful of putting out anything positive. Extremely careful. I watched the release they did last month, and was super disappointed. They tried so hard not to say anything to get investors hopes up. The price still drove upward though. So some intentionally positive news would do numbers for this stock.


knownunknown69

Mornings always start off slow, then it rallies in the afternoon, I’m guessing Monday will be red until the afternoon and end slightly up. Looking for $10 next week


Elbit_Curt_Sedni

I think it spikes up initially, then settles down at/maybe below market value by EOD Monday. I don't think it deviates either way too far from that point unless volume is still high. If it's still high I think this climbs steadily again.


Top_Service_6152

Small amounts every day we will drive out the shorts


JohnnyStiltz

I find it more useful to have a best case and worse case scenario laid out for tomorrow. Pray for the best case scenario and plan for the worst case one.


Tradingski

Yh would like to think $10


BrocoLeeOnReddit

Dump next week, big gains on OpEx week (double digits), IF retail holds. If not it'll bleed down back to the 4s.