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AB1 abarta resources limited

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18.0¢

Agreed 100%. The exciting thing for us is the stock is going up...

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Godra

517 Posts.

47

07/08/21

17:37

Post #: 55110543
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Originally posted by Mom88: ↑

I don’t actually think the share price is going up as FOMO. Again, only pro money and high net worths have access to the buy side. There are not constant price movements every minute like on the exchange. So those who are buying have had plenty of time doing their research and calculating a valuation that they think have great upside left. I mean 6-7 figures are being wiped per line and likely by only a handful of buyers just accumulating.
So I don’t think this will run as an overhyped stock like commonly seen on the market and tanks afterwards. I think the increments in price rise are through sustained earnings and successful investments that were seeded years ago.

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Agreed 100%.

The exciting thing for us is the stock is going up with 0 hype added to the price tag. My uneducated opinion is when they list on a public exchange the hype train will begin during the IPO if the public even gets to buy in.

AB1 Price at posting: 18.0¢ Sentiment: None Disclosure: Held
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Agreed 100%. The exciting thing for us is the stock is going up...

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