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https://i.redd.it/j5hvj33hpfs91.gif Boooooo……Yes, just so you all know……I’m fully aware how much everyone hates me right now. My inbox is full of your DMs and I get it. I’m mainly writing for those who want to understand what is going on and how we got here. For the Record…..many people thought I was doing a P&D on ATER but the truth is, I never sold. I’m holding the same bags, if not heavier. I’ve had to sell solid stocks like AMZN / TSLA to give myself a chance to average down on ATER. Why, because I think ATER is more likely to pop at some point before the SPY recovers. I’m trying to get my average down toward the warrant level of $3.20. I’m probably more unhappy on how this stock has gone than most of you. At this point, I’m just being patient…… Why??? The entire world is collapsing and people are down 90%…..how can you be calm?? The Macro sucks and everything is bad. This is a chart of the Weekly on ATER Notice the 2 Previous times ATER got oversold on the Weekly (Highlighted in Purple Circles – I pointed it out with Yellow Big Arrows down). (Look at it) ATER ran from $1.42 to a ATH of $49 and then last Aug when it ran after a huge drop down to $3.04 to $19 whenever the Weekly RSI got that oversold. In Wyckoff these are called springs Credit to Sylvo in our trade group but we have both been talking about this. Anyway, we could fall further but much further down the spring it goes, (Meaning the lower the Price gets), the harder it gets to justify the share price in relation to its balance sheet. Basically, the spring is the true test on where the actual floor is. They will push it down until buy orders start flying in meaning its truly undervalued which is why they spring up from there. ATER Revenue is projected to be in the 60 million range this quarter. At .85 the Market Cap would 68 Million which is roughly ATER’s Revenue this quarter. Anyway, I’m not here to blow smoke up your asses. The stock is not Delisting right now and honestly it is a really long process to delist. You have to be under $1 for 10 days, then 180 Days on and you can file extensions….etc. Not only that but ATER gave Armistice and others 27 million reasons why they would want the share price higher. You guys do you. I’m not going anywhere. I’m here still and I’m on the Discord (https://discord.gg/6QCwT9VKDz) to talk / YouTube (https://www.youtube.com/watch?v=NubM4T-E_Xc) **This Video covered only ATER last night) . Have a great weekend, I’ll see you next week!! Anon submitted by /u/anonfthehfs to r/ATERstock |