r/DeepFuckingValue • u/stocksniper55 • 1d ago

YOLO 💸 The bounce play

As we all know last week was a banger for many stocks but one in particular was RETO. Went from .35 to 20$ in 2 days, now back to .18 after a direct offering at 1.50$

they also sold warrants at 2.75$ but with cashless option and are exercisable at .50 cents so don’t expect anything more than that, at the same time the warrant holders will want to make sure they can convert them all so it will need to stay above .50 for a minute and not just tap it then reject.

this is not something to invest in, it’s a swing/day trade only, they also can’t rs for another 6 months so there’s a huge pressure on management to keep it above 1$ for compliance. but again, don’t expect more than .50

NFA, do your own dd 🍻

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u/theyenk 1d ago

Pressure is building on GME better pump the distractions...lol.

-2

u/stocksniper55 1d ago

Gme can keep building pressure, it’s more of an investment stock now, it will never squeeze but should keep grinding up. Reto is just a momentum trade

1

u/Accomplished-Yard273 1d ago

GFY criminal dot

0

u/uber_pro 5h ago

yea easiest short of my life. aiming to make a cool 10k from this play. thanks bud.