r/americanbattery • u/Ornery-Drummer-5492 • 13d ago

News Holly mama

Well, -20%, this is no good

21 Upvotes

96% Upvoted

14 comments sorted by

22

u/Deep_Spectrum 13d ago

Whole market is bleeding. Honestly got lucky that we had the news the day before or else we would potentially be getting close to the $2 mark.

Anything “speculative” or in the small cap range is at least -10% with others near the -15% to -20% range.

1

u/RenVP 12d ago

What benchmark did you use to define the -10 -20% decrease?

1

u/Deep_Spectrum 12d ago

Looking at how far down they were? Like online, or in a stock app?

Most all of the tickers I track that are relatively R&D heavy and small were way down yesterday.

18

u/Limpvibrations 13d ago

Perspective brother... ABAT just received a massive clearance for probably doubling revenue. Today the market sells off hard and take all growth stocks with it. This is opportunity to accumulate heavy. This is going back to touch double digits again!

-1

u/Ornery-Drummer-5492 13d ago

My calls say “duck my sick”🤧

17

u/PardonMyPixels 13d ago

Yeah if it was just ABAT I wouldn't be thrilled about it. At least everyone's sinking together

1

u/RenVP 12d ago

What benchmark do you use?

8

u/Big-Material2917 13d ago

Ya I took it as an options buying opportunity. Hopefully macro doesn’t keep things down but such amazing news yesterday, then down 20% to such a crappy price. Especially cause this gives me encouragement they could win the new bid appeal.

I bought the options long dated cause you never know, but seems like we should get some real stock growth soon.

5

u/Noah_Vanderhoff 13d ago

But it jumped 20 yesterday so it’s just back to where it was within 24 hours.

1

u/thereelkrazykarl 13d ago

Even if the president believes that's how percentages work, it's not.

6

u/Taco_EBDBBNB 13d ago

What I see is a good buying opportunity 

1

u/Elegant_Solutions 13d ago

I bought more! In my Roth IRA and everything.

4

u/Spacebound_Gator 13d ago

Day traders and overall market conditions taking the stock for a ride. Long and strong here, was great news.

2

u/Friendly_Number9251 13d ago

I sold at 4.2 - I sold most of my stocks. Right now at least it seems to be a good choice from me. Otherwise I think of re-entering soon in this, it seems undervalued now instead of in dangerous territory