LogFAQs > #965133467

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, Database 10 ( 02.17.2022-12-01-2022 ), DB11, DB12, Clear
Topic List
Page List: 1
TopicStock Topic 37
red sox 777
05/18/22 4:52:09 PM
#26:


Lopen posted...
The reason I picked $7 for my first breakpoint is to me that seems like the most bearish case you can get for the price.

It ran up to $12 last September on speculation of what's currently happening now. I put that as the bare minimum floor of what it would reach-- however that was a BBIG with about 50% less shares than there are currently, so $7ish is about the same SP.

So the thing I'd be careful about here is that the market in general has fallen off dramatically, especially for companies fitting Tyde's profile. Coinbase is down nearly 80% since last September and smaller companies usually get hit worse in these kinds of market crashes. If Tyde was trading on an exchange, it would probably down at least that much since September.

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
Topic List
Page List: 1