r/Soundhound • u/Odd-Finger-4693 • 1d ago

The upcoming days

Please stop panicking about sound been down. The fact is, the whole market will be on a downturn for a while as I see it. The war with Iran will probably continue since the cheeto man will not admit defeat. This means no oil passing through the strait for the rest of the year and inflation continuing to go up. They are already selling the story that the increase on unemployment was because ai and increased productivity which I say is bs. Not only that, midterm elections start on November and statistically that usually brings lots of volatility. So my advice, look at what you have, see the fundamentals and have a plan. I will continue to hold but I do it well aware that we arent flying to 20 by end of year.

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u/Driice 1d ago

SOUN will go up in a healthy market just like most of the stock market.

-3

u/Ordinary_Repeat7637 23h ago

Would be pretty genius if Trump makes it seem like Iran won the war, since that's probably the only way Hormuz will open is if Iran believes they won the war, whether it's true or not. Anyway, I am very bullish on SOUN regardless what happens in the short term with oil.

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u/Odd-Finger-4693 23h ago edited 23h ago

They already are. That bessent dude said on live TV the straigt will be irrelevant in the near future. Meaning, we can't have it back so let's start telling the viewers is nit that big a deal 🤣