Yankee-stani
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- Aug 22, 2018
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Never catch a falling knife my friend.Well I just bought half a stock Cus of the drop. Let’s see how it goes.
RH will win the legal battle for sure. On the PR side, this is definitely a pretty big blow but definitely not the end for it. Of course, this whole saga may scrap RH's IPO this year.The biggest casualty will be Robinhood for stupidly halting trades. Expect a $Billion lawsuit which would put them out of business. Even if they win the bad PR will kill them.
Yep lost half my moneyNever catch a falling knife my friend.
RH will win the legal battle for sure. On the PR side, this is definitely a pretty big blow but definitely not the end for it. Of course, this whole saga may scrap RH's IPO this year.
i suggest you cut your loss now...nowYep lost half my money
Highly inadvisable, it doesn't matter how much they pump the stock short term. All of its fundamentals are bad, and it is wayyy overvalued. It's worth a fraction of its current cost. Book value is tiny vs the market cap. etc etc.Well I just bought half a stock Cus of the drop. Let’s see how it goes.
i suggest you cut your loss now...now
Yep I sold it, luckily i only put £100 into it so it’s not like I lost insane amount of money. had A feeling I will be in a loss so I put little money into it.Highly inadvisable, it doesn't matter how much they pump the stock short term. All of its fundamentals are bad, and it is wayyy overvalued. It's worth a fraction of its current cost. Book value is tiny vs the market cap. etc etc.
Fair value range is way lower than where it's at, don't stay in too long.YOLO'ed $2000 into AMC.