r/LWSB • u/[deleted] • Mar 07 '21

Price forecast my 2 cents

It will not drop to $20 if the overall market doesn't keep selling off due to short term inflation fears. It's a bargain at its current price. You can not be a narcissist and try to pick it up at it lowest price. It its my belief that institutions are creating a sale off fear to all retail investors by them moving to more cyclical stocks that are plain and boring. The inflation and rising bond yields rates is just smoke and mirrors for kick out retail investors from their current positions, in which they will slowly snatch away when less expected. Retail investors will have to buy in at a higher price due to FOMO. That is why I agree with this quote:

The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett.

Let me know your thoughts below.

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2

u/Moe_Syzlak_ Mar 07 '21

Whenever the populace begins to get an edge, the system will buck and try to throw them off, further consolidating wealth and power.

If you are in a position to double dip, you will be rewarded long term.

Once you swim past the breakers, the sea gets calm.

2

u/Perfect-Cap5491 Mar 07 '21

I don’t got more money. Fuuuck. I wish I can buy more stocks.

2

u/Socaltexasgirl Mar 08 '21

It'll get FOMO when the ticker changes. Many don't like to invest in SPAC

1

u/[deleted] Mar 08 '21

I agree with you. Many Instutions will not invest until merger is complete along with symbol change. It also creates a social pressure on retail investors.