MonkeyApe
2022-03-28

$Hycroft Mining Holding Corporation(HYMC)$Would you see that 3.48Million Buy Volume at 1.73! And not much movement after that volume came in?! This is just like Friday's Post Market Where tgere was a 12.5Million Sell Volume at 1.25 without much movement afterwards!?! News came out last weekend that there was an at-the-market equity offering last Friday post market which is reflected by the 12.5Million tall red bar in the secondpicture. Perhaps this means that the 3.48Million tall green bar in the first picture is the opposite? What do you guys think it could be? All I know is there are meme vibes that come from this stock, because the volatility is high given there is news, and even when there is no news as well, like AMC and GME! I can foresee this hitting $2+, but how much it can run up to, depends on shorting power, the high price at which there will be extremeresistance to keep the stock from going further than the resistance point, and the buying power, which, if it is strong enough in large volumes could break opposing resistances from shorters and other profit takers and send this stock soaring 🚀🚀🚀‼️


Please kindly take note, these are only my opinions and views, and given the US Market and current events such as increase in interest rates, Russia-Ukraine conflict and the hike in prices of oil, and precious metals, nothing is certain!! What I mean to say is even if the stock has a bullish outlook and is doing great in terms of financial valuation and is undervalued, it can still go down all the way or go up even when the stock is not doing well, because after all news doesn't add much sentiment nowadays, as we saw $GameStop(GME)$GME rise from $80 about 2 weeks back to $150 despite articles portraying it in a bad place and target price cuts to $30 as well!! Me being panicked sold GME at $80 itself only to sadly find out that it rose so high to $150😅!

Coming back to the fact, please do your own DD and invest carefully and play safely! Pump and Dump are fun plays for those looking to make jackpots instantly, but know when the tide stops and take your profits before the rug pulls, as that will be the most heartbreaking moment, when you start to baghold after the rug pull and wait for months for another ride which may not be as high as the current one onwhich you bought a ticket!

As I posted a few hours back my guess was for HYMC to dip a bit in the pre-Market allowing a solid take off when market opens, however as we are seeing mini-takeoffs now we could probably see a takeoff not so big at market open, or maybe even a dip at the start of market, and then probably it will close above $2 and could go either ways in the post market! Since currently company isnot operating it's mines and they are closed, we need to rely on the next closest announcement which is it's financial report on 31st March, and I may foresee some negative numbers in terms of earnings as this company's financial situation is notin a good place, but given they resume operations things could turn around, so who knows? Let's hope for the best!

This is not financial advice, and just a mere opinion and thoughts from me, so do your own personal DD before investing with HYMC as to make sure you're aware of what you're investing on, whatthey're doing and assess the risk levels of investing into this instrument/stock!

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

  • henshengqi
    2022-03-28
    henshengqi
    Man, this stock doesn't look too good. Are you really bullish on it?
    • GregoryRichardson
      This writer seems to be a bit crazy. I can't figure out what he's thinking
    • MonkeyApeReplyGregoryRichardson
      Haha very funny, I’m discussing on the short term movement of HYMC, but yeah I do agree that the company is facing a financial situation, not to forget they ceased operations last Novemver!
  • dong123
    2022-03-28
    dong123
    To be honest, I'm a big believer in the potential of precious metals like gold and silver, but the company just doesn't look good right now
    • MonkeyApe
      Yes I can side with you on that, this company is currently bullish in the short term given Aron’s investment that has driven more popularity to this share, which gives me the ‘meme’ vibes!
  • jazzyco
    2022-03-28
    jazzyco
    I am bearish on it.
  • William85
    2022-03-28
    William85
    Bet on the company's future. Gold is king!
    • a9032
      Yes, brother, we need courage to predict the future!
  • glitzy
    2022-03-28
    glitzy
    The business model of Hycroft is unsustainable.
  • gleezy
    2022-03-28
    gleezy
    Very detailed analysis. Learn a lot .Thanks.
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