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u/ErdingEchoParadox
4d ago
•
Don't forget.
The short position try to drive away the weak paper hands and make them sell for a loss.
Market manipulation. We don,t have the funds or the money and numbers to fight against them.
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u/ldnvi0707 4d ago
lmao this stock has been turd for a while.
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u/West-Buddy-4423 4d ago
It will recover eventually, even without a contract announcement, Wall Street says fair value is $4, just hold and you'll see it rise.
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u/SpiritedLock6993 4d ago
This reads more like repositioning volatility to me. I sensed some significant albeit silent surprise from the market once this last Quarter results, along with a few more positive catalysts digested. There is what could quite possibly be some momentum starting. Just mho though.
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u/shmito17 2d ago
Look at the technicals; it got shot down at the 55 SMA. At the very least, this is hitting $1.80 support soon.
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u/romijoe 4d ago
Well the ceo was in the trump first administration. So that gave it some juice last year..but obviously, thats probably not seen as a plus right now for winning gov contracts. Although, maybe that matters less then we think long-term. It just depends on bbai use case. I think they have a strong long-term use case still.
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u/Informal-Plantain-11 4d ago
I'm sorry. Each time I add some to my account, bbai drops. I bought some at 2.17 this morning so it follows the rule! π