just on a point of contention against your risk V reward argument.
There's an increasing possibility of a TO the lower this goes.
A good example of a smashed stock getting a TO is Pelaton. They had lacklustre numbers and it tanked big. Now Amazon or Nike might acquire it. Dropped to $24 then hit $40 overnight due to the potential bidding war.
Not saying its the greatest thing to be hoping for a TO, but it is definitely a candidate for one imo if we're talking risk V reward
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Open | High | Low | Value | Volume |
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---|---|---|
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1 | 1000 | 2.610 |
15 | 128628 | 2.600 |
11 | 342605 | 2.590 |
8 | 168469 | 2.580 |
Price($) | Vol. | No. |
---|---|---|
2.630 | 264643 | 10 |
2.640 | 95656 | 7 |
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