WStreetsBets
2021-06-24

$Torchlight Energy Resources(TRCH)$

An Evil Trap by Mr. Market.

This is a perfect setup to trap ? ?? with ?.

Mr. Market pumped leading and timed the dump on 22/6. It’s a psychological date chosen as stock holders must hold from 22/6 to 24/6 to qualify for a dividend payout. 

Holders may find consolation in some dividend payout by holding and are likely to average down by buying more into the falling prices. This works perfectly to the plan of as the market maker happily sell more to the bagholders. His entry price is probably much lower than now. He has 3 full days to selling into the market to those who held on to the hope of recovery.

When the dust settles on the 25/6…. the ??? are left stunned and confused as the leader of the pack ….. disappears. ???

Mr. Market will be sipping ? by the pool.

What’s the consolation for the ? with a ?ego. A ?dividend.

Double $ digits may be ??? away. 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • ME1314
    2021-06-24
    ME1314
    So is it going To be up or down? Can you advice if i were to buy Now?
    • Jinyyy
      Down i feel, i wont even touch it
  • Jerax
    2021-06-24
    Jerax
    So dead
  • EugeneJD
    2021-06-24
    EugeneJD
    Exit
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