wow this stock fell off 90%...There is a great chance that this stock will go up 40 to 100 per cent within 1 week?? It went down from $16 to $1.31 in 1 day...That's a lot of pain for those who were at the Edge https://www.google.com/search?...
regidk · Mar 29, 2018 7:05 AM · 187 views
Ok guys...I put my 'virtual money' on this stock...so I bought the stock not at the current price of $1.31 but let's say I bought it at $1.4....in my thinking...whenever a stock falls like this...'above 80% in 1 day...there is a great chance that the stock will bounce back 30 or 40 or even 100 per cent within 10 trading days...So let's see if that happens or not....in the mean time..the stock may fall below $1 before it moves back to let's say $2...is my 'assumption'....and reminder..this is virtual money or no money at all..just guessing....and I would not put more than %2 of my money in a situation like this....some people get excited and put 20 to 50%. Don't do that...%2 per cent is enough of risk...Is my opinion only...will see how it goes in the coming days...so my buy price is $1.40 ...buying EDGE...Remember..stock must fall more than 80 per cent in 1 day...to make the bet worthy...again, it's just virtual money..
regidk · Mar 29, 2018 7:09 AM
Here's a tweet I saw.... $EDGE shorts might get squeezed in this with 80M cash even after phase three failure 1.20 is ridiculous So, they do have 80 million dollar cash...which is good for shareholders.....this stock will likely bounce back... From their annual report....they have 88 million in cash and 18 million to 30 million in total libility... http://investors.edgetherapeut... So they have more money in debit card than credit card bills...only their business has gone bad...but they sill have some cash left...? stock will bounce back? or not...will see
regidk · Mar 29, 2018 7:21 AM
This conversation is preserved exactly as it was on the original Sajha.com and can't accept new replies.
Start a New Discussion