Based upon actual trading pattern, it appeasr that volatility will remain very high in RAD transactions.
In the last 2 weeks about 50M shares were shorted and at a price averaging 2,20$. That means that if RAD can shout up pass 2,49$, they will have to cover and i also expect that some of those shorts will try to add pressures by shorting lot more today and tomorrow.
Also the fact that no numbers have been disclosed put a cap on RAD actual share price as market does not react positively to secrecy.
The only number that we know by now is the 24B company after merger including debts.
So we can guess real share value at anything over 2,50$ but again, the devil is in the details.
Stay tune.
In the last 2 weeks about 50M shares were shorted and at a price averaging 2,20$. That means that if RAD can shout up pass 2,49$, they will have to cover and i also expect that some of those shorts will try to add pressures by shorting lot more today and tomorrow.
Also the fact that no numbers have been disclosed put a cap on RAD actual share price as market does not react positively to secrecy.
The only number that we know by now is the 24B company after merger including debts.
So we can guess real share value at anything over 2,50$ but again, the devil is in the details.
Stay tune.
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