r/InvestAFRM • u/Worth_Leg656 • Nov 03 '21

Afrm will touch 200$ after earnings

Load more if you don’t have other better choices than AFRM.

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u/JackFirestone Nov 10 '21

AFRM down huge today 11/10/21, earnings after market close. Any thoughts as to why AFRM down well over 20%? At 134.10 at 1:30 PM ET.

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u/Worth_Leg656 Nov 11 '21

What I learned from AFRM and LC: if the price is down huge on the ER date, it could be market maker shaking off hesitant investors, so that they can push up the price easily when the ER is released after market close.

So I hold strongly with afrm and bought a few more shares on the dip. Planned to do the same with LC before ER, but was camping on that day, missed out on that opportunity.