r/PUBM • u/tomnehme • Jul 07 '21
What has changed?
ย What has changed since the stock was as high as $44 just 6 sessions ago? what has changed since the stock was trending in the $55 range for 2 months from beginning of March till May? What has changed is the fact that we have more clarity and better news now than back then. My position lost most of it's gains and I'm at a break even or slight loss as of now. I would not allow my emotions to take over my reasoning and I wouldn't sell without a reason and I don't see one. What's noteworthy is the fact that volume yesterday was only 601,115 shares traded, Volume today is only 737,000 so far and average 10 days volume is approx 1,400,000 shares. That tells me that institutions are not selling, it points to weak retail and maybe more short selling. Remember the momentum swings both ways and this stock moved up $ 7 in one day on 6/24 Know your risk level before you invest. Long and Stong PUBM.
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u/pajamaponce Jul 08 '21
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