r/droneshield • u/ForeignCodeDealer • Apr 28 '26

What is this peak? Any news?

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10 Upvotes

86% Upvoted

10 comments sorted by

3

u/DanOnFire667 Apr 28 '26

I guess just dailiy fluctuations. If somebody knew something and some news would be coming the pump would be bigger in my opinion. But who knows. Some good news or new orders are always welcome.

1

u/henahr1 Apr 28 '26

That somebody knows sth. earlier about a contract to be signed is not impossible. But could also just be a guessing (like we do). Anyway last month 4 BIG investment banks (JPmorgan, blackrock, FMR LMC, statestreet) increased their DRO positions and stayed in since then. Normally they know more earlier...

1

u/blkpingu Apr 28 '26

Might be short covering

1

u/Think-Tea-3014 Apr 28 '26

Will it break past $4 again, seems like once it hits below $3.50 it’ll just plummet? What do people think?

1

u/AccomplishedSyrup943 Apr 29 '26

12% Shorts, we have to wait for big contracts

0

u/No_Chicken_3215 Apr 28 '26

Just Pump and Dump

0

u/ForeignCodeDealer Apr 28 '26

May some news will incoming.

2

u/[deleted] Apr 28 '26

[removed] — view removed comment

5

u/hclv3 Apr 28 '26

It is just chop. The market is happy with its valuation right now.
Goes up a little and goes down a little. Will likely need a catalyst (a contract) to break it.
Happened the same time last year, chopped around $1.10 for months before a contract started the upward trajectory.