charvey63
Long

MGI When to buy short term

NASDAQ:MGI   MONEYGRAM INTERNATIONAL INC
Here is a harmonic I saw a likely playing out a few days ago did not think it would just the slow until I read what seemed like a bot analysis of the stock and recommending not buying because it had fell 20% the week prior what the analysis failed to mention was we hit 52-week highs. buy the s*** out of this stock buy It now. Be prepared to see it plummet the stock market is pumped up by BuyBacks and index funds doing no price Discovery investing in numbers. If your here you're likely here because of xrp and fundamentals don't get scared . Just Moon. I'm buying anything under $4 right now don't care how low it goes I'll still be buying under $4.
Sep 24
Comment: Sorry for the grammar autocorrect is a b**** I'm at work.
Sep 24
Comment: I did not think it would dip this low. *
Sep 26
Comment: Solid bounce off 420. Light em up . Waiting for next dip.
Oct 03
Comment: Trade active @ 3.50 . Lets pray this new Whaaamen ceo is pro ripple. I am looking into it. I'll sell this shit asset in a minute if the plan isn't still in motion
Any update on this? ABC correction?
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This stock will be in the 20s in near term 1-2 years. Read up in their earnings and expansion add to that crypto nuts who are getting scared of bitcoin but love crypto this is a indirect crypto stock. They have loads of money to spend and the news will be better and better. Traders will love it as each new article will attract even more bulls shorts will get crushed!
+1 Reply
Bought again today and for 2/3 committed. Holding 1/3 cash in case MGI dips lower the next few days. But already happy with an on average price of $ 4.50. Don’t forget that MGI is a 2 year play until at least november 2021. (When SWIFT is upgraded to ISO20022). Difficult to say how high MGI will go but my personal target is in the $ 40 - $ 50 range at the end of 2021.
This is based on the widespread MGI network and liquidity positions which will empower the Xrapid and transformed MGI backend systems. As a result a wide range of B2B financial services can be offered. Do not underestimate the savings banks can realise by working with Moneygram. Customers are coming back and more partnerships may be expected.
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