Another SOS Speculation 03/08/2021

Excuse all of the extra lines, but here's my thesis: Massive volatile flow for this stock in the last two weeks. Here's the pattern I am looking at. Resistance seems to be happening around the $5 range (4.5-5.5), and every time the stock dramatically reacts up or down, it's due to news. I believe many investors are speculators hoping that SOS isn't a fraud according to the likes of Hindenburg because everything that SOS promises, sounds promising. They are a company that is very conscious about their spending hence why they built a relationship with a local hydro electricity company to save money on powering the mining rigs, and in the video show casing their warehouse with the first 5,000 rigs we can see that they're not too worried about looking fancy. SOS is hosting these rigs in a very cheap looking warehouse out in rural china that also appears to have been an ex-chicken coop. As a value investor, I want to see a company that doesn't worry about looks if that's not part of their business. I'd very much rather see that a company is focused on what's necessary. Now we have seen today that, although the crypto market is making an awesome recovery from their recent drop, other mining companies such as RIOT and MARA aren't following BTC. So to me, this tells that a lot of those investors are simply amateur and are selling on any drop and aren't really there to hold for very long. Once again that's great for long term investors, it just simply means discounts. I've seen similar behavior early when MARA and RIOT stock was valued at around 5-12 a share just after elections. There is just a lot of news going around about Fiscal/Monetary Policy, but you also have to think how many new investors contributed to the pump, as well as how many of them realized that they got in at the wrong time and are now panic selling. I'm sure many of you have friends that as of recently joined the investing bandwagon. Personally, I purchased SOS at around 11 dollars per share, but I've been averaging down and doubled my position when SOS reached around $5. I am very Bullish on this stock. One of the biggest reasons why aside from the speculation, is that Mr. Wonderful endorsed this company on his Twitter earlier last month. It's very amateur of me to be bullish simply because a millionaire says its a cool company, but I think I've done my part in doing my own research. Again, it's a risky bet but I like to see that SOS is responding to the hate. Let me remind everyone that the U.S. economy is recovering and we are on a very accelerated path to grow. After this 3rd stimulus package there is talks that there is a proposed infrastructure bill on its way. Keep an eye on that and which other sectors will benefit. Anyway, if you read this far and liked my analysis, feel free to follow me as I'm keeping an eye on this stock daily. SOS RIOT MARA BITBAY:BTCUSD ETHUSD LTCUSD