Best case, we can make $4 per share if DoJ Blesses
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As stated, limited upside and greater downside. Logic would state this deal happens but you have a Biden DOJ until January 20. Under Trump, this sales through quickly.
Just dropped $50k into it. Feeling pretty confident but some nerves.
Bought a boatload of it last Friday now regretting it
Upside +4
Downside -14
Tread carefully
I think the drop is more about “oh I thought I was going to make the money in 2024”. So people are cashing out with the idea that it really may drag into 2025.
I highly doubt the deal doesn’t happen.
Watch out though.. if the deal falls through, you will end up losing a lot.. potentially the price may drop close to $20