RE: Being kept down. Must bounce back up next week23 Oct 2020 19:58
Thoughts for the weekend.
Wine poured. Music on.
So, next week. Expect some TR1's Mon or Tues to reflect the results of Thursday's blatant manipulation.
I wouldn't be at all surprised to see Jangho in one of those.
BUT if they're still in by Weds and haven't dumped a load of shares then that really does make me feel that they want a shot at buying the farm.
Aside from that, I would echo what has been said pretty much ad infinitum on here. The probability of waivers being granted and debt extensions negotiated seems the most likely outcome.
It's in nobody's interest to wind up a proven money making machine and lose out on billions.
RI would be a drop in the ocean and Mooky would not want to give his up whatsoever to start with.
However, the lenders are in the driving seat. They can and will bust his balls but they can't push Mooky totally over the cliff without shooting themselves in the foot either.
If things do go south though, I can see Jangho swooping in with a very cheeky offer - if they're still in.
Expect the MM's to bounce our poor dead cat up and down again which will see the day traders have fun with it for most of the week unless there's any real news but I won't expect that until after the U.S election. ;)
On here, the derampers will sit in on the board for 18 hrs solid per day like the pale cave dwelling trolls they are.
The rest of us will go and earn money at real work.
That is my forecast for the week.
#prayforthecineworldcat
#flagwithacatonitorsomething
#catlivesmatter
#CLM
Have a great weekend all true investors.
Love & Kisses, Crumpets. xx :)