$GTC I have to talk about this one separately—it looks a little scary today.
It’s trading at 21 cents now, up 146% in seven days, jumping straight from the floor to near its seven-day high. Trading volume is still almost five times the usual amount, and it’s number one on the gainers list.
I’m not jealous; I’m worried for the people rushing in.
After climbing 150% in seven days, it’s still trading near the highs on huge volume. You need to think about this: who exactly is buying all this? Is the market finally getting behind it, or is someone up here quietly handing off their bags, one by one?
I’ve seen that story too many times: you wake up one day and find it’s pulled back by a third.
So I have to say this upfront: if anyone’s telling you to jump in at this price, first check whether they’re holding any themselves. If you’re not in, don’t FOMO—this isn’t a dip-buying opportunity. If you’re already in, hold what you have and don’t add more. Before adding, ask yourself whether you can handle it getting cut in half. Tonight, I’m just watching, not making a move. It can do its thing; I’ll get some sleep.$GTC
It’s trading at 21 cents now, up 146% in seven days, jumping straight from the floor to near its seven-day high. Trading volume is still almost five times the usual amount, and it’s number one on the gainers list.
I’m not jealous; I’m worried for the people rushing in.
After climbing 150% in seven days, it’s still trading near the highs on huge volume. You need to think about this: who exactly is buying all this? Is the market finally getting behind it, or is someone up here quietly handing off their bags, one by one?
I’ve seen that story too many times: you wake up one day and find it’s pulled back by a third.
So I have to say this upfront: if anyone’s telling you to jump in at this price, first check whether they’re holding any themselves. If you’re not in, don’t FOMO—this isn’t a dip-buying opportunity. If you’re already in, hold what you have and don’t add more. Before adding, ask yourself whether you can handle it getting cut in half. Tonight, I’m just watching, not making a move. It can do its thing; I’ll get some sleep.$GTC
