$MGO Global Inc.(MGOL)$ Lots of people got it above $10-$12 and lost money if they bailed out which is how the company recovers from the first huge spike. If they held it and didn’t buy more at the very low value to average it lower, they will have a tough time. Go back and review historical IPOs and they all almost always follow this pattern. This stock too will have 2-3 more spikes in it until drops again and then stays low for a long time and depending on good news will go up again or gradually will get lower and lower.
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