taking a quick lot at this stock
if 96,254 oz of silver in feb=2,021,334 in rev one month=24,256,008 yr.
at 57mil mkt cap would trade at 2 times its rev.
plus any gold
plus production seems to be gaining at a good clip
if production cont. and silver goes around $25 oz this stock becomes very profitable.
either asm is a screaming buy
or I am missing some huge negative information.
he would never take such a huge risk and position if he didn't know 95% that severe issues were present.
Ichan gets credit b/c he realized ackman made way to large of a position and he could short squeeze on volume alone.
ackman should have covered 50% the second ichan took such a huge long
ichan should have sold 50% as soon as short squeeze slowed down.
this is independent of whos right or if hlf is scam or not.
I give ichan and ackman credit as great tradders
but both are idiots to take a large position and not sell or cover half when they were 30-50% profit
both could be playing with house money right now.
this is the pure gambling that retail idiots do.
they buy huge position in penny stock refuse to take profit after 300% run then lose it all when stock drops
most likely, that is who buys the #$%$
bored house wife
sign up, try to sell for 3 months in which all friends and family start avoiding them b/c don't want to be bothered.
then they sell the bucket of #$%$ on ebay for pennies
or it just sits in back of garage collecting dust.
I would be surprised if 10% actually gets consumed.
I have met 5 people that sell or sold
I have never met anyone that consumes the product on a regular basis
anyone that has the product will tell you a friend or neighbor gave it to them.
the funny part is that Ackman and Iccan could have both made huge money here by trading.
yup people forget how long bio and drugs take
and 90% failure
oncy I follow 15 years I buy below 2
and sell when ever it pops.
pretty good vol.
surprised anyone would sell
should get at least 3 day run
imagine being that short who left the office early today
comes in tomorrow and sees $9 pre-mkt
#$%$ a brick time
I don't think so
company has real products
has potential maybe even big potential.
even if it runs at a loss with incr rev and contracts the momo boys will run it again a few times.
earnings should be good but that was already baked in.
could easily go back to 3 bucks.
these momo plays often get at least 3 runs before discarded.
save some capital and enjoy the next run in a few weeks.
YOU CANT no shares avail.
you have to short stuff like this ahead of time
and be able to take the pain until the dump.
note I am not short
have 3 accts nothing but small odd lots avail short avail past week or so
I like plug long at $1 it just went crazy with momo day trades.
I will look at long in 1-3 weeks after correction.
when you are gonna #$%$ at least keep your make believe 2% believable
first off your not gonna get much if any margin on volatile stock like plug, so you have 1 mill for one stock,lol
anyone that ever uses more then 20% in one trade is dumber than dog #$%$ so you have 5 mill cash
second I have 3 accts and cant get 5k in any of the three short,
you would need 5-10 brokerage accts to get 100k.
I know yahoo is fantasy land for many unemployed but put down the crack pipe before you have a seizure
looks like perfect short trap, crm has only done this 27 times already.
note I think crm is in the top 1% of leveraged scam stocks.
its day will come. but it will and has taken a lot of short money in the process.
I would cover at or below 60, nice 2-5 day profit.
crm is manipulated stock and needs major negative news or financial hit to brk down for real.
I think its close to jumping the shark but it can run 4-5 bucks in just hours after a sell off or touching the 50dma etc.
crm will take all this bad press and run higher.
totally manipulated non stop short squeeze
but the number are getting pretty extended.
one stumble and bam, domino effect.
crm will be the short of the year, soon,
they are all pos
that's why they run.
no one could imagine companies like this getting listed otc, pink or other wise.
let alone ever getting above a dollar.
its legalized gambling, dosent mean you cant enjoy just don't use your rent money.
only the private companies have rev.
stores that are open one week are profitable.
yet public companies cant even turn small rev. in years.
imagine being an unsuccessful pot company, lol.
like being a crack dealer that has no rev. after 3 years.
but its the latest pump so away we go.
not only is it low float, a lot of those shares are tied up, ie not trading.
shorts have 2 maybe 3 million shares and most are not gonna cover b/c they know
stock like this are or can become hard to borrow.
low float helps stock move up when bull
also makes it go down more when bear.
this stock has about 90% chance of dropping to sub ten bucks and I rarely make this type of a statement.