Q: Strive plans to IPO its preferred stock, SATS, targeting $500 million in fundraising. What impact could this have on the market?
A: After the positive news is priced in, whether buying continues matters more than the headline. I’d use the pre-announcement high as a reference level: holding above it would be bullish; falling below it, bearish.
$1000SATS latest price: 0.00001139.
#1000SATS
A: After the positive news is priced in, whether buying continues matters more than the headline. I’d use the pre-announcement high as a reference level: holding above it would be bullish; falling below it, bearish.
$1000SATS latest price: 0.00001139.
#1000SATS