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Posted On: 08/15/2020 11:59:27 AM
Post# of 86570
Looks to me like $4 has become a psychological sell point where a lot of shareholders are looking to sell some.
If Doc spills the whole can of wax at once, we'll be way over $4....quick! The only thing that will hold us up there for a minute will be the sells from PPL holding penny stock size positions.
$4 is a number being talked about extensively for NASDAQ uplist. It's understandable that it's become an out price for many. All I can say is, don't sell too much too quick folks.
All my opinion, but there's nothing I can see that's signaling a sell $4. It's just a number in the NASDAQ discussion. Is it a good spot to sell some? Maybe, but I personally won't be selling much there. I have about 2% of my total position for sale under $10. Just enough to make me smile, but not enough to hurt my overall position size.
Exit wisely.
If Doc spills the whole can of wax at once, we'll be way over $4....quick! The only thing that will hold us up there for a minute will be the sells from PPL holding penny stock size positions.
$4 is a number being talked about extensively for NASDAQ uplist. It's understandable that it's become an out price for many. All I can say is, don't sell too much too quick folks.
All my opinion, but there's nothing I can see that's signaling a sell $4. It's just a number in the NASDAQ discussion. Is it a good spot to sell some? Maybe, but I personally won't be selling much there. I have about 2% of my total position for sale under $10. Just enough to make me smile, but not enough to hurt my overall position size.
Exit wisely.
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