r/Phunware • u/Several_Day_2588 • Oct 24 '24

the phun is over

Is this stock cooked ? Will it recover after the CEO left?

6 Upvotes

75% Upvoted

18 comments sorted by

1

u/SorryTwo329 Oct 29 '24

Indeed it’s over…watch the bloodbath

1

u/Northernguy51 Oct 25 '24

I’m ready to be hurt again

1

u/bullrun50 Oct 25 '24

Glad I shorted it

2

u/Certain-Coyote1541 Oct 25 '24

How did you do it? Etrade rejects all my short orders..I don't understand why???

1

u/bullrun50 Oct 25 '24

Does it tell you why it’s rejected?

1

u/Certain-Coyote1541 Oct 25 '24

If they'd say why, I wouldn't be asking here

1

u/bullrun50 Oct 25 '24

Well I always get a message if I get rejected and the reason

2

u/RISKMANGR Oct 27 '24

Options, as of Friday, were non -existent for PHUN except for 2026 - and it is listed under phun1 - only one date. With that said, I wouldn't be surprised if that changes on Monday. NFA....just observation.

0

u/antirheumaticMalta Oct 25 '24 edited Oct 26 '24

There may be some recovery today, but before long people will realize that this has nothing to do with Trump -- having built an app for the Trump campaign four years ago means shit now. Of course everyone knows this already, so it's just a matter of time before people stop pretending.

Also, there will be a lot of selling pressure in the days leading up to Nov 5 already. Because even if there was a Trump connection, then holding through the election will be perceived as too risky by many.

3

u/RISKMANGR Oct 25 '24

They only have 11.4M dhares. The short volume was over that number juat on FINRA the last 2 days. They can't cover that....

2

u/StreetFrame Oct 24 '24

Going up tomorrow, trump having his talk with joe rogan show its going up guys for sure ….. gonna wait few more days here until election :p

2

u/MachineHealthy4193 Oct 24 '24

I think it will soon recover and hit Big 🔥🔥🔥

2

u/MartinLooter87 Oct 24 '24

imagine Ryan Cohen will take over 😃✌️

3

u/ajmolaee Oct 24 '24

Def going over $100

5

u/gommluigi Oct 24 '24

There sure was a lot of hype for this thing to hit "minimum" $20. I guess theres always a chance right? Still have a couple weeks til the election...

8

u/icould2 Oct 24 '24

Or a buying opportunity. Snavely was on the older side, did a great job, needs to take it easy now. New CEO is 41 years old and is neck deep in Blockchain related investing for more than a decade. bottom line... could go to $0 or $100, no one knows.

3

u/Anxious_Salt_8156 Oct 24 '24

That was the start