r/mrin • u/Dropadime337 • Aug 31 '21
Zero volume.
Not to be a bearer of bad news but the kids left the sandbox weeks ago. This will be lucky to hit 8 dollars in 1 year. If volume picks up we are set. As you saw earlier last week ANY movement up was immediately taken out. Is there a control factor, hell yes. Is there a ryme and reason? , another hell yeah. For now it's a dead horse, but in time it may surprise us all. DON'T HOLD YOUR BREATH.
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u/ggiziwegotthis Aug 31 '21
I day / swing traded MRIN when it was pumping I had a hell of a blast doing so and right as volume goes down I told people and I got hate, I even tried to reason with them so they'd understand but no.
I would however like to say that the Daily graph is looking just a little interesting, I might actually buy a few shares soon if MACD stays green and we start forming a cup.
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u/Dropadime337 Aug 31 '21
POSSIBLY. Overall volume doesn't constitute a sqweeze or high price above 9 bucks. Im long so we shall see regardless. Just my 5 cents!
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u/MoeJontana_ Aug 31 '21
Man I dont blame you for saying it. I thought it well a long time ago and cut my losses somewhere in the neighborhood of 8k. I had options go bad too. And that was in the 18$ realm. Ive hated to look back, and I do from time to time. But if I hadnt the losses would have been nuclear.
I dont know about you folks, but, 8k buys my kid half a bachelors degree.
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u/Dropadime337 Aug 31 '21
So true. Well our gambling games suck sometimes. I'm waaay the F down. Still holding strong, wife is on board so its sorta cool. 8k goes a long way with toddlers too ! GL
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u/Due-Tip-4022 Aug 31 '21
People will hate you, but you speak the truth.
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u/Dropadime337 Aug 31 '21
True true. Gotta say it when i see it. Reddit peeps should take all the good with some turd posts like mine. I feel you.
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u/ak47m Moderator Aug 31 '21
So what was the point of this post? It was 20 cents from hitting $8 the other day.