This money losing stock will go parabolic for 2 reasons:
- 5G hysteria
- Short squeeze
This one is a long term play in my 401k, loaded up while it was under $5. Based on charts, it could go back to $4.6, if it does I'm buying calls in my regular brokerage account.
Like a lot of stocks, it's trading on borrowed shares, institutional holders have over 100% of float. There's a lot of insider holdings as well on this one.
If their 5G products pan out, they might even make a profit, lol, but I don't think it matter either way.
- 5G hysteria
- Short squeeze
This one is a long term play in my 401k, loaded up while it was under $5. Based on charts, it could go back to $4.6, if it does I'm buying calls in my regular brokerage account.
Like a lot of stocks, it's trading on borrowed shares, institutional holders have over 100% of float. There's a lot of insider holdings as well on this one.
If their 5G products pan out, they might even make a profit, lol, but I don't think it matter either way.
注释
Earnings is March 6th. It could double top before earnings like CIEN did.交易手动结束
Looks like it found support here but I'm dropping this POS, earnings don't justify the price. My only real loser trade this past month, thankfully I made more money off of CIEN than I lost on this. Dropped it out of my 401k as well, looking to buy CIEN and NOK long term.交易手动结束
Flipping the call options here while it's still green. There's a chance that it forms a doji and goes up next week, but I'm not sticking around.
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。