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This should never have dropped below 10 before the merger. SPACS before merger have a floor of 10, but yes the floor should have been between 7-8 but the market maker shorts got the upper hand on Friday selloff, now they are having a field day.
C'mon market maker, I know you want this at double digit dollars, stop the nonsense with shaking out the tree. Today, tomorrow, Wednesday this week it is going to happen, you know it and I know it.
Set your shares to sell there, if you have a nice size, they should come for it. Good luck. If it is getting close take them off.
Shares are extremely scarce on this, they are going to do every attempt in the book to shake you out, don't try to flip this, have a price target to get out and be done with it. This is not for faint of heart, due to low float, the volatility is high, both ways.
This should be the biggest gainer today on the major board.
Another halt, this is going to halt, and it will run hard after hours, it this closes above 15 today.
Essentially between now and 3 days, the stock could pop hard and fizzle out. Will it be today, tomorrow or Wednesday, I will be out by Wednesday it could go higher for sure, but not taking chances.
Three day rule only applies to SPAC deals, they go to all time highs then fizzle out. Be ready for the pop.
Three day trade bud, anything can happen after that. Halted up now.
Some platforms can't buy them, Schwab for instance unless you call them. Hopefully volume comes in today and tomorrow.
PAFO could be the biggest runner tomorrow.
After the profits here, you know where to go next trading at 64 cents and add keep your initial investment for the next trade.
SAT*X and GRINDER hit 60-70 dollars with a much big float compared to PAFO, PAFO has 20 times less float than the other two mentioned above. I am very bullish on this thing, but again trade accordingly.
30 first target, but with this float 60-70, but it could hit 80-120 if people hold. I see gap up halts so market makers can look for shares to sell.
Just got home from a very long afternoon, merger closed today. The sellers turned to be chasers after becoming chasers of COS*M now bag holders with much less shares of this beast. I said hold the damn thing and yet people sell to chase an offering.
Go figure, traders sold to chase COS*M.
There is not one single doubt in my mind that PAFO is going to pop, not just a pop, it will be a monster pop all the way for 300-400% gains in one day alone is extremely possible. The only one needs to do is hold because that pop is inevitably going to happen, don't know when but on around the merger dates, but never knows with these low floaters, it could happen a week, a month before the actual merger as a test. The float here is non-existent, just hold you will reap the rewards.
PAFO will pop soon. No reason to sell at this juncture, but to buy on every dip opportunity presents itself.
Like I said anything below $8.00 we are extremely lucky, just accumulate whatever you can every chance you get cause that day is upon us.
PAFO shareholders/insiders redeemed 99.6% of the public float that leaves 25,000 tradable float in this baby. Merger consummates on or around January 7th. This will hit triple dollars same day. Say hello to the beast.
Euro, PAFO is going to hit minimum 50-60 dollars once the merger consummates, the trick with this one is add on the dip when opportunity presents itself, in my opinion, I don't think it will dip below 6.70, so anywhere between that and $8.00, downside is limited and upside, well, minimum 300%-500%. Sometime I see a spread and I know what this is capable of doing with volume.
There is unbelievable story unfolding here. Just watch and see what happens with this low floater.
PAFO without a doubt going to hit 50-60 dollars, this has the makings of a monster run.
PAFO is monster in the making.
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