That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government
I'm probably wrong as usual, but I don't believe the powers that be will let this $AAOI rug pull continue next week. Some insiders will come in and buy all the shares and everything will just be peachy again.
@riskadversely I mean think about it: if you were a CEO and sell $600M in shares of your company during the week, the market would panic. If you did it on Friday afternoon, shareholders could buy during the weekend and the price wouldn't be affected too much. Just a thought. Probably wrong.
@riskadversely I will graciously accept your stripper boy gift and I will then turn around and give it to my man Bibi. His buttplug needs a break after this week. It's been putting in the work.
8/5: $AAOI hit resistance at $140
8/6: Price dropped to low of $119
8/14: Price broke $140 with momentum
8/15: Price hit resistance at $161
8/20: Price dropped to low of $119
I think price will break through $161 next week and move up to $170 to $180 before the next pullback.