ARCHER AVIATION IN stock forum
The sell off was ignited by market influences then fueled by profit taking from institutions and hedge funds who are selling to the panic dumping retail crowd who just got in or are sending it on option trades for the earnings call.
I expect this cycle to repeat until ACHR becomes more mainstream.
by then, smart money has already cashed out their big trades, and secured long investment positions if ACHR validates their concept further.
This should theoretically stabilize price - but it shits on trading volatility (I.e less big jumps) making it less lucrative, which chases away bigger players = less money in the pond up for grabs.
All this being said, I don’t expect this to happen anytime soon. Probably after the next 5 years or so because ACHR has a long “runway” (lol) of things to achieve which can catapult it into Lockheed Martin or Boeing level Territory.
Overall, I’m still long. Been long since Oct 24.
Gains are cool to look at - but always, always keep a level-head and try to anticipate what smart money will do, because they are actively anticipating what we are going to do.
a potential to hype very very soon