Boiler Room: The Official Stock Market Discussion

T.H.E.GOD

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I don’t know much about the company really but it’s small and if they have some kinda needed technology one of the bigger 5G companies could end up buying them is all I’m saying

so you hoping it makes some power moves to get that stock price jumping?
 

Chrome2279

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DHT looks interesting even though they’re at a high and may have no where to go but down.
 

ahomeplateslugger

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what price was it at when you started recommending? Like 40 or 50??

$90 still a good buy? It was almost $70 a week ago :snoop:

It was around $70 when I mentioned it. It's on my watchlist so I was keeping an eye on how it was moving on the charts. I bought a small position at $65 then added more at $70, $75 and $85. I'm at 22 shares and I'm gonna continue to buy more. This can run over $100 before earnings on May 5th and if they have good earnings and guidance then it can run $130+. It's up to you if you wanna buy it at this price.
 

ahomeplateslugger

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I stayed away because of the volatility. it was over $230 share and then fell off before the virus. I don't have a handle on why it fluctuates so much

BYND's stock dropped because they had a second offering to raise money.

It's common for companies to do that when their share price is really high and they need money. Tesla did the same thing when their stock was around $900 and it dropped but we see it recovered.
 
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