Jun. 4 at 4:10 PM
$ACH Money is made in both directions - that's inherent with all stocks. I've spent decades working stocks up and down or selling puts/calls against the tide. I don't have any angst towards legit bearish plays when a stock is overbought and trending down, and in ACHR's case there is a clear RED line that guides any investor to move up or down, the 8-EMA, which I use religiously to set swing trade entry and exits.
ACHR can be played in both directions, but in this case, my strategy is to go big, invest long-term in the vision that will culminate in several million to the upside in the next 3-5 yrs. I bristle against the amateur shorts that throw their words around. It's good fun to spar with them. I don't doubt legit traders are making decent money on the recent 30-40% pull back - if they aren't, holly hell. I sold some warrants when the stock was above
$13 - you can feel/see it when the stock is moving irrationally in either direction. I've bought those warrants back with calls.