LogFAQs > #966079406

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TopicStock Topic 37
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06/24/22 5:52:40 PM
#164:


I think diamond hands is just a way to say discipline. Like it's definitely good to hold through your stock's price getting beat down and it's definitely good to not sell the moment it goes up 20% too if you think it should be up 200%.

But you gotta realize that sometimes discipline is stupid after it's gained some. If BBIG is at $10 and I think it could reach $40 yeah I can keep holding but... with the market super dead right now I can find dozens of stocks with imo 4x+ upside. And that's just playing shares. Playing LEAPS that field widens even further.

I do think $5 next week, $10+ by July 15th are realistic price targets. But that's because I think

1. There's a lot of naked shorting going on and the dividend will sort that.
2. Many shorts will want to cover to get the dividend as it's incredible value per share at these prices.

I think the market makers will settle the naked shorting on their end over the weekend and we gap up pretty hard Monday THEN the covering starts. But who knows it could just explode the distribution date too (Wednesday).

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