I said it before this thing would come back down to the 2 dollar range.
Still money to be made going short ๐
Still money to be made going short ๐
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Itโs been 8 months since you made this video. The stock is now $.15 a share. What are your thoughts? Would it rise up back to $38.86 or keep on dropping?
they just had public equity offering of 1.05 million shares at 5.50 and warrents execercisable at 6.50
There's this guy on stock twits and yahoo finance named Bob Dole that's become a phenomenon. He hyped HMNY up to $38 until Citron tweeted about it. Then it crashed and claimed he told his followers to get out. Wondering if he's running a pump and dump scheme. He offers a free email subscription. He's pumped and dumped so many stocks since HMNY.
The only penny stock that made it was True Religion Jeans and yet, they are now bankrupt as well…
its not gonna hit 2 dollars a share with moviepass on its shoulders. However, we all know that the move to the 30's and even 20's was a MASSIVE short squeeze with shorts destroying each other and there were not enough shares to borrow on the way up, due to the small float and risk assessment given by most brokers which caused alot of panic and accelerated the price action. It was due for a fall because momentum would eventually die and settle, but unless they do a MASSIVE financing at some ridiculously low price this is NOT going back to 2.50 a share, mark my words now.
Penny stock trash ๐๐๐
seriously back to $2? wasn't it trading around $2-4 before MoviePass 53% acquisition?
i made $1500 today on it from yesterday to today. Should have held a little longer…but still great!
Good point! I am just getting started. I guess I need to learn about shorting soon!
Tell like it is brah, no fluff
Check out AMD it dropped a lot
Just wondering what moving averages you are using?
Might be a good buy once it hits $2 again
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