RE: Prediction for opening tomorrow28 Jan 2024 19:24
Profit Jock, whereby I agree conceptually with what you are saying, there is a huge difference with this stock that I think you are not considering in your feedback. Helium is used in a lot of things, it's also highly demanded and the price is increasing. Whereby it is not 100% that the results will be in favour of HE1, it seems like there is a very good chance. Therefore there is a very very good chance that before results are announced, the price will increase as people want to be in a stock with potential that's sitting below a penny. Usually a stock that is overbought and as you highlighted will trend down, there are exceptions when there is fuss in the market and when there is belief. One recent example of this is DGI, increased 500%, looked overbought but has recently settled at a new price around 0.20 and most likely will go north.
Like I said, nothing is guaranteed, but there is a pretty good chance this goes up in the next 10 days. I wouldn't bother even thinking day to day, we will get ups and downs but the days of 0.2 to 0.5 are most likely over for HE1.
Just my opinion and I'd express that everyone DYOR.