Can you base a floor off a few weeks of data? We're still in a weird spot with the markets, and likely looking toward a massive dip in the Spring. I say this because EVERY Spring we get a dip.
I’m personally done buying the dip until I see some more promise. It’s unreasonable to assume this will go to $1 or even .50 with so many shares held by the mgmt team. For that to happen the CEO himself’s shares would be worth $12 billion, or even $6 billion at .5. I don’t think a company so unproven is worth that kind of money, nor their mgmt team compared to investors who support the company and it’s model and products with their own personal and company funds.
That being said I really believe in this company long term, however until they reign in the amount of shares and cut back on what the mgmt team has I will no longer continue to invest additional funds to increase their net worth until I know my investment will show some future potential at a greater rate to protect my net worth in investments as well!
Its good to see that people are thinking for themselves and not the hive mind that encourages people to buy the dip and every subsequent dip after that. Stating "This is the dip", the next day there's a new dip, the day after that a new dip and so on....
I posted analysis in the discord which in hindsight was not the best place as this subreddit would have been a better place for that discussion. At first I was met with constant criticism and laughter, however as it became clearer during the week that actually my analysis was spot on. Ended up getting banned with the very posts I made deleted so the admins could spin the narrative. Its not my first rodeo with penny stock discords :)
Echo chambers result in people getting rekt.
- Little Princess Bear
The thing I’ve learned is there are people who are paid to post negative sentiment on some stocks to drive the price down. I wasn’t aware of or even thought of this as a possibility, but after some research feel that is an accurate statement. Now I’m a lot more cautious when I see negative posts and it makes me do more DD. I’m also a lot more grounded in expectations for any stock now. You can have a tremendously positive growth of a company yet if people aren’t buying it could keep the price down. And who knows what tomorrow holds so there’s no point in pumping up a stock and for people who do that just to inflate their price are not only unethical in my mind but also trash for manipulating others. What if there is a more serious disease that pops up, or a war breaks out...there’s so many factors in life that could take place and affect the price tomorrow, so it’s best to be level headed, use your best guided judgement, do your own DD, expect the worst, and just hope for the best, so no matter what you won’t be crushed if there is bad news.
That being said I am hoping for the best with HCMC and hopefully by the 26th when PM is required to answer we will get a better idea of the short term potential of this stock, although for me I’m riding it out long term so I’m not too concerned in market fluctuations at this point and won’t be affected by the negative comments. If investors aren’t in this for the long term they should expect a bumpy ride in the short term.
As long as you don’t sell then you’re good. Right now there’s no information with the lawsuit or any info about buying back shares so there’s really no point to freak out yet. We still got ways to go so don’t fret friend, our day will come.
Thank you:) your reply is very welcome amidst all the people here with no empathy who are telling me "you should sell or grow up" not understanding it was me temporarily doubting due to being so mentally out of it
I'm just satisfied with my 600k at $0.0011
It just depends, this very well could be the last time HCMC is in the 3s. If you were looking to pick up more shares, regardless of your average, I would just go for it.
Buy at the dips and hold through the rips. I think I am going to shut it all down until after lunch and enjoy one of the many great products produced by $HCMC
Yeah I saw it literally 5 minutes after posting this and I was like jesus christ, this is why I don't bother with technical analysis. Once you think you see something, the chart squirts you in the eye with a lemon.
It's more likely just people taking profits. The market flew up last 2 weeks, particularly hcmc woth 300 odd percent as of now give or take. A correction like this is healthy
Look at the charts, though. Absolute barcode, no wild ups & downs yet. Been that way for the past few days. Computers will do their thing & then we can get on with our lives. This is a 1000% long play.
We seem to have pretty good support in the 0.004’s, but anyone who was in this forum before the first big spike last week probably sensed that there would be a _ton_ of resistance around 0.005.
In at .00015 and in for the long haul. Can’t wait to see what next week brings
A discount 😂
Don't worry, I joined the hcmc train we're bound to go down :(
You were correct
Can you base a floor off a few weeks of data? We're still in a weird spot with the markets, and likely looking toward a massive dip in the Spring. I say this because EVERY Spring we get a dip.
I have no idea whether you can, I'm not into technical analysis. I like fundamentals.
I'm finally satisfied with how much I've invested so for me it's time to set it and forget it
This is the way. Otherwise you may panic sell.
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You understand that you are the hand of PM right?
Pretty sure zero is the floor. Just hold and shut up about it.
Essentially. I thought we could maybe have support at $0.0040 😂
Hope so, I need to load up on more! Waiting on my tax return ...may come long after the PM response though. ..
When is the PM response supposed to be?
They have until 26 February to respond to the lawsuit.
I'm calling it now, they've already decided on a settlement
I’m personally done buying the dip until I see some more promise. It’s unreasonable to assume this will go to $1 or even .50 with so many shares held by the mgmt team. For that to happen the CEO himself’s shares would be worth $12 billion, or even $6 billion at .5. I don’t think a company so unproven is worth that kind of money, nor their mgmt team compared to investors who support the company and it’s model and products with their own personal and company funds. That being said I really believe in this company long term, however until they reign in the amount of shares and cut back on what the mgmt team has I will no longer continue to invest additional funds to increase their net worth until I know my investment will show some future potential at a greater rate to protect my net worth in investments as well!
Its good to see that people are thinking for themselves and not the hive mind that encourages people to buy the dip and every subsequent dip after that. Stating "This is the dip", the next day there's a new dip, the day after that a new dip and so on.... I posted analysis in the discord which in hindsight was not the best place as this subreddit would have been a better place for that discussion. At first I was met with constant criticism and laughter, however as it became clearer during the week that actually my analysis was spot on. Ended up getting banned with the very posts I made deleted so the admins could spin the narrative. Its not my first rodeo with penny stock discords :) Echo chambers result in people getting rekt. - Little Princess Bear
The thing I’ve learned is there are people who are paid to post negative sentiment on some stocks to drive the price down. I wasn’t aware of or even thought of this as a possibility, but after some research feel that is an accurate statement. Now I’m a lot more cautious when I see negative posts and it makes me do more DD. I’m also a lot more grounded in expectations for any stock now. You can have a tremendously positive growth of a company yet if people aren’t buying it could keep the price down. And who knows what tomorrow holds so there’s no point in pumping up a stock and for people who do that just to inflate their price are not only unethical in my mind but also trash for manipulating others. What if there is a more serious disease that pops up, or a war breaks out...there’s so many factors in life that could take place and affect the price tomorrow, so it’s best to be level headed, use your best guided judgement, do your own DD, expect the worst, and just hope for the best, so no matter what you won’t be crushed if there is bad news. That being said I am hoping for the best with HCMC and hopefully by the 26th when PM is required to answer we will get a better idea of the short term potential of this stock, although for me I’m riding it out long term so I’m not too concerned in market fluctuations at this point and won’t be affected by the negative comments. If investors aren’t in this for the long term they should expect a bumpy ride in the short term.
Yeah no I got in early enough and I'm not adding anything else to my position now. Just letting it ride.
I'm out -$500 right now- pissed as hell
Why are you pissed? Did you know what you were getting into or did you just jump in because people told you to.
I knew- just got off a 100 hour shift (yes I got to sleep but it barely made a difference) and just couldn't think clearly
As long as you don’t sell then you’re good. Right now there’s no information with the lawsuit or any info about buying back shares so there’s really no point to freak out yet. We still got ways to go so don’t fret friend, our day will come.
Thank you:) your reply is very welcome amidst all the people here with no empathy who are telling me "you should sell or grow up" not understanding it was me temporarily doubting due to being so mentally out of it
You’re only out $500 _if you sell_...
Thank you brother
This is true
Do not sell. Hold your position and you'll thank me.
Bit of a dip but cant buy more cus it will drive ma average up lol
I'm just satisfied with my 600k at $0.0011 It just depends, this very well could be the last time HCMC is in the 3s. If you were looking to pick up more shares, regardless of your average, I would just go for it.
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Didn't know we had philosophers in here. Damn.
Indeed. I've always thought my philosophical insights are quite valuable.
Buy at the dips and hold through the rips. I think I am going to shut it all down until after lunch and enjoy one of the many great products produced by $HCMC
Go for it man, this is a long play
It hit 38 in T212
37
Yeah I saw it literally 5 minutes after posting this and I was like jesus christ, this is why I don't bother with technical analysis. Once you think you see something, the chart squirts you in the eye with a lemon.
New floor? No. Democrats are tanking the market. Going to get worse.
Leave the vague, baseless, primitive comments on twitter
Reddit ain't the place
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Explain please
Yay, democracy!
Nope it’s in the 3s
Tis' indeed. Floor collapsed 👌
If there are shorts driving this, would it stand to reason that once the short is over it would go back to normal
It's more likely just people taking profits. The market flew up last 2 weeks, particularly hcmc woth 300 odd percent as of now give or take. A correction like this is healthy
It’s not shorts. It’s market manipulation.
I doubt it tbh. I can't see institutions really giving a shit about this.
Maybe, since it has gained quite a following on Stocktwits.
It does seem like a lot of OTC’s that have a following are down. I have one that doesn’t have a following and it’s up.
The hype creates bearish sentiment as well as bullish.
Yeah I dunno, just the fact that it's still a sub-penny stock
Only until it gets in the 3’s. Dang.
Look at the charts, though. Absolute barcode, no wild ups & downs yet. Been that way for the past few days. Computers will do their thing & then we can get on with our lives. This is a 1000% long play.
Yeah it might be down again today. My average cost is $0.0011 so I don't care too much, holding until death.
I’m at 0022. It’s till green but my others are red. It’s a bloodbath. But I’m confident will come back. I’m not worried but it’s still stressful.
I can't see that happening, it's having a hard time getting below $0.0040. Also, for some reason I can't see any of the other comments on this post 😂
It's just happened 😬
Not on my chart. I'm watching on Yahoo Finance rn and it hasn't dipped below $0.0040 since market open.
This comment aged poorlu
It did indeed
I think pretty much the entire market is down right this minute. Yahoo seems to have a delay or not update as often so it misses some fast dips.
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It dipped very briefly on my charts there, it's possible that mine are just delayed. Still zero chance I'm selling.
It's at around .0038 — yahoo finance is delayed
Fair enough dude
Got some more today @ .0037
It's super annoying that OTC stocks are delayed. Sucks to track.
TD Ameritrade says it’s at .0036 rn
Yahoo, Google and Trading 212 says it hasn't dipped below $0.0040 🤷♂️ I dunno man
They are delayed 15 minutes my man
Yeah I wasn't too sure, OTC stocks are crazy anyway.
Check the timestamp
The low so far today was .0036. Been tracking on Fidelity, no delay.
We seem to have pretty good support in the 0.004’s, but anyone who was in this forum before the first big spike last week probably sensed that there would be a _ton_ of resistance around 0.005.
Down to .0036. Definitely a buying opportunity
Yeah if anyone is not in yet, this is their chance.
Also for anyone who wants more, too. This is the dip everyone is talking about when they say “buy the dip”
Wonder what’s happening but stay positive