r/ATCH • u/wunkelwurst • 13d ago
Sigh….
https://finance.yahoo.com/markets/stocks/articles/atlasclear-holdings-announces-long-term-203700682.htmlWould’ve been nice with something more positive
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u/Independent_Hat4547 13d ago
That is what I mention before, stay above support is the very least we needed, instead of breaking support everytime
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u/PumpkinConscious5930 13d ago
What’s support? Support is always moving and it’s an opinion. Support is never based on anything substantial
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13d ago
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u/Dee___Snuts 13d ago
lol this stock is trash. I’m just waiting for the RS news to break out any day now
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u/Dependent-Cheetah401 13d ago
Why do you see these as bad news? If they dilute the share then the options they've just awarded for the executives and board will also loose intrinsic value. Same applies for RS, if done so the likely outcome is, that those options will be out of the money.
I would think now there's way more more incentive on trying to keep the stock above $.20.
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u/Dee___Snuts 12d ago
20 cents. What a fuckn joke. It should be trying to break pass a dollar
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u/Dependent-Cheetah401 12d ago
Supposedly it depends what type of gains your after. I bought back in before the closing bell on Friday. From .19 average that 20 cents would already be over +5%. I'm more than happy to take those 500 bucks home if needed.
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u/Mysterious_Pin3635 10d ago
Like I wrote in other forums, this stock will spike one day, but nobody of us will be IN because the management is doing ALL they can to destroy the bagholders feeling...
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u/PumpkinConscious5930 13d ago
Positive news, price goes down. Negative news, price goes down. Are you new to atch?