Jan. 27 at 11:08 PM
$MPW As I have been saying for a couple of weeks now, the
$5 price is the new floor.
The only thing breaking it is some type of flash market crash but even that would likely be very short term.
This is why price action is so pivotal. The company, the bulls, the bears, the church, and even your momma can say all they want.
However the price action is literally the only truth of the matter.
It IS the accumulation of EVERYONE with skin in the game and EXACTLY what the majority of them think price should be.
Why would you even listen to anything/anyone else?