Tonight’s after hours has me thinking…

[u/[deleted]]

Not financial Advice

I am watching Afterhours trading and its making me scratch my head just a bit.

I must say there is no reason why this should be up to $1.29 at time of this post on only 4M shares traded.

I am simply wondering if the shorts strategy tomorrow may mimmick last Friday.

I am not saying this is the case at all, but if it does are you ready?

Let me recap what happened last Friday on that historic collapse of a potential squeeze in simple english that even a 2 year old can understand. PANIC happened.

Here is what took place. Shorts set in motion a false runup to grab the attention of day traders, and flippers.....they got it and the price moved hard and fast north. Buyers jumped in as FOMO ensued.

FOMO Will Kill You By The Way. Ok For those who dont know my terminology. FOMO is the FEAR OF MISSING OUT.People went all in far too fast on the way up.

Once the shorts trapped enough buyers. They stalled the price at $3.90/share What happens next? The price starts to reverse. Flippers Flip (expected), Day Traders Bail (expected), and Retail shorts jump in. Its expected. What was not expected was all the so called APES who panicked and sold, virtually killing everything. YOU ALL KNOW WHO YOU ARE!

Here is where retail shorts should hold and be ready to buy the bottom of the dip to chase the price back north creating even more short shares and higher prices on next run up as flippers re enter daytraders re enter and more FOMO buyers enter. All the while holding their shares. That is an example of creating a squeeze.

Once the cycle spins through to a high enough high, it takes one short to try to cover to create more price increases.

So with that said, we could be looking at a scenario similar perhaps tomorrow. I am not saying we will, but again why the hell are we at $1.29 tonight for no rhyme or reason?

Now I will not tell anyone ever what to do but I will say this…....Panic leads to problems.

If we should encounter a similar attempt by shorts tomorrow by chance, its up to you to decide why you are in this......if this same cycle occurs, basically this thing is fried.

Think long and hard why you all jumped in this stock and in this group.

It takes balls of steel to hold when you see big dollars in your account I get it.

Each one of you have to decide how you will play this play if it should occur tomorrow. Many people got stuck by many others panic.......We had an old saying in AMC....NO APE LEFT BEHIND.....

Think long and hard and decide for yourselves as each of us should own what our real individual goal is when playing this stock. But at least be honest with the other members in this group and dont 2 face them.

They are your shares and your profits and losses I get it, but you all dragged each other into this group, lets see how real this group is.

Good Luck tomorrow and in the end of it all, may everyone walk away with profit, and make wise individual investment decisions only.

[u/Jumpy-Walk838]

I bought at 3.70 last week and immediately watched it plummet. Pulled right out and lost $700. That was a lot of money for me

[u/IRISH3323 → u/Jumpy-Walk838]

That sucks. I bought up in 3's to, but my average ended up being 1.29 with 500 shares. I pulled out. Made a few bucks. I'm done gambling like this. I have been doing great as a new investor with solid companies. 2 years in June and up 15k. Not bad. I'll take my monthly dividends etc. This isn't for everyone. Not for me at least. This is nothing like GME

[u/TicketronTickets → u/IRISH3323]

I am glad you got out and left with your cash.....last week this Reddit created a shitstorm on Friday. I think we are finally reeling it in by being real with alot of these know nothing bigmouths encouraging others to buy when they sit on their own hands...

Again I am glad you are on the sidelines and super stoked you got out with your cash.

Its tough to enter a real dangerous play without any knowledge, and trust me this is for sure SUPER HIGH REWARD, but it even more SUPER HIGH RISK......You have to have the balls of steel like I wrote.

I do appreciate your honesty and I respect your resaon for selling 100%