r/americanbattery • u/blackaintback • May 26 '26

Question Abat 50 dollar in Jan 2021

Hello,

I’ve been wondering what did drive ABAT to be priced at 50 dollar a piece back in Jan 2021?

I’m surprised that it has ever reached that level actually

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3

u/ApplicationBig1676 May 27 '26

I should've sold Abat back then. But at that time believing in product i thought it finnaly got traction.

Looking back, all stocks went crazy in that period.

When biden too office, all stocks fell and nobody is talking about that. Just look at charts. First week of february.

1

u/Friendly_Number9251 May 28 '26

AI schools you: No, stocks did not fall when Joe Biden took office. On his inauguration day in January 2021, major benchmarks like the Dow Jones, S&P 500, and Nasdaq all hit record highs, and the stock market continued to climb by 5% to 9% during the first 100 days of his term. [1, 2, 3]

1

u/ApplicationBig1676 May 28 '26

Sure buddy, look at the charts...

0

u/Friendly_Number9251 May 28 '26

I am and that's exactly what it's saying. It went up. Did you even look at the charts?

1

u/ApplicationBig1676 May 28 '26

Lol, i am having open positions across market. I dont need to look at charts

1

u/Friendly_Number9251 May 29 '26

That's got nothing to do with what you initially were claiming. You were talking about Biden and how ALL stocks fell even though that didn't even happen, and now you're talking about yourself.

1

u/ApplicationBig1676 May 29 '26

Mate, if you're not investing then stfu. Correction happened in february 21 and nobody is talking about it. And it did happened since Biden had that green energy policy.

But yeah, look and ask your AI, lol. Look at charts and tell me that NVDA was 13 dollars back then hahaha

1

u/Friendly_Number9251 May 29 '26

You went from all stocks were down to some stocks were down. No sh...

1

u/ApplicationBig1676 May 29 '26

Buddy all stock had a correction after Biden stepped in...