Hi, i have been in the stock since july and am bullish in its future. Would you please share how you came to 100 price in 2 years? I believe it's a strong possibility as well, but I'm interested in your thoughts.
SUPERGENERAL610
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@jjmazuroski, I'm just using a simple price action... resistance and support line...and supply and demand concept ..caculation... usually when a rubber band can only stretch so far ,,, it will pull back to its original point and back further...as when it ipo it was from $88.90 and hit a high of $100.40 then drop like a bomb... if the spike reversal from the bottom of the bottomless pit is true... it will bound back to 60% then if the company is a true value it will go pass $100 to $200... there were so many support but as the company progress there wasnt any progess so investor probably jump off go somewhere else... but as time pass the company make progres and hit milestone... so this phase will prove their worth...if thats there destiny they will make it profitable ...every company has there own time to shine...even tesla...
You can only give a company so much chance if they dont produce investor will withdraw their money and go somewhere...just basic common sense...I would give then a chance to redeem themselve for a few years... if they don't make money then ... we are free not invest anymore...at anytime ... we have freewill...
SUPERGENERAL610
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@jjmazuroski, this company has hit rock bottom and has fallen from grace... we are the new generation of investor if it can't redeem itself... then it will never could... thats just my thought...give or take 2 years cause they have 18 years to make it work...already....