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WR1 General Discussion, page-23424

  1. 7,321 Posts.
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    I'm assuming professional investors have been waiting for the MRE before committing and that they'll buy in big then. As to whether we'll have a strong rise before (such as the $1.45 you suggest, or higher), I think it'll depend whether some pros enter before release. We saw on Friday that although the rise of 12% was great we still had a lot of holders happy to sell into it, as if they had no belief that the SP would go much higher, so I figure if we reach $1.20-$1.25 many recently-acquired retail holders will be happy with that and create resistance. Hopefully that'll prove irrelevant, though, after MRE release. A new all time high would go down very nicely!


 
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