So I wrote a bunch of joke post suggesting stocks as a joke stating weird but what o thought was funny things about either them their name or the people that try to pump it.
I got an interesting response for my CLOV post which got me wondering and serious and thoughtful answers only please.
Considering the time about a couple of month ago when CLOV was really being pumped as a potential squeeze why did it get so much resistance? The fundamentals were good. The price was right and Their was a good amount of shorting going on and the float was right. So why did so many at the time were so adamantly against it like if it was there money being spent?
I have a few theory’s like the original CLOV pump happened at the time of the AMC ascent and a lot of AMC booster felt it took away from there play so they ragged on it non stop and spread Fud.
And if you remember everyone had a pet stock at the time that they were randomly spamming about which lead to the popular ticker thread or aka “the thread of less prosperity”. And also caused a lot of the members who were here for a long time to be turns off and have bad sentiment to most of the random stocks mentioned at the time.
My point being that almost any of the memes stocks could’ve mooned at the time if sentiment and actual buying and dogged holding would have happened at the same time.
Do you guys think what I said contributed even just enough to cause a downward trend of CLOV and WKHS and others and also caused stagnating at the time?
I don't know about WISH or WKHS, but I'm balls deep in CLOV so I'm forced to agree there. I'm forever looking at the BBBY chart with regret that a busted my whole load on CLOV.
BB just keeps sliding in that downward channel, and I can't see where it stops. GME does have an uptrend line underneath it on my chart, but it all looks unconvincing. And at these prices.... well, I don't have any more money so whatever.
AMC.... fucking no thanks. I do not like hanging out that far over any really support line.
I would say RKT is the darkhorse of the bunch. It looks like it's actually bottomed out. At ATL, but ya know....