A near textbook recovery post tax selloff, one of the best weeks in months. Long holders will be feeling pretty happy. Rather than purple mist it is a rebound to rationality.
Only 7.5 cents to go until my April 2025 prediction of $1.50 EOFY value becomes true. Oddly, two weeks ago I had abandoned it and thought it was dead. Now it is very much alive, and $1.70 is not crazy talk anymore.
Here is ChatGPT's review of the week.
The snowflake bears, despite blaming Canada, interest rates, imagining stock market crash, and contributing over 6,000 posts of down-ramping, must be feeling quite sore in their stale echo chambers. They circle the wagons of logic, fighting off any rational information that conflicts with their groupthink.
Bears won't listen and learn, especially since the smart money got in under $1.10. It's not about Canada; it's about game theory, placing bets with a controlled risk-reward capital allocation. The next red day or 3 days of red candles snowfake bears will be saying "we are right we are right, its going below $1!!!", smart money will be saying "interesting times, what is driving this? - is the yet another occurrence controlled volatility?"
Bears will probably have this moderated away then claim it was child sexual images, rather than a sexy stock graph.
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