Hi guys,
Long time no type... I hope you all have been trading well these past few months.
I believe that among the AI craze,
BBAI
will be one of the numerous stocks to benefit and will likely increase in value substantially this month.
Here's why:
1.) AI in general is overhyped and is overwhelmingly captured the markets attention. We had the major impact of NVIDIA touching all time highs after crushing their earnings and subsequently the S&P 500 benefited and reached all time highs as well touching $5100+.
2.) Since many people feel like they may have missed the boat, I believe that smaller market AI stocks will get a similar injection of funds and should rise by proxy. Outside of that, BBAI originally had an all time high of around $16/share post IPO. Major hedge funds sold out of most of their positions in Q1 of 2022 and we have now seen a very significant change in events in my opinion...
3.)
BBAI
stock has been rocketing these past few weeks and most importantly this week has surged another 35% at the time of writing this. I believe that the timing of this surge and their scheduled earnings call on Thursday are very much connected and that we will likely be trying to retest the previous all time high of 2023 which was $7/share. Also worth noting that for the first time in over a year the executive and inside traders have amassed 61.8 million plus shares JUST THIS WEEK. Compare this to their last purchase and that was a mere 353k shares in December of 2023 making this move 175x the size of the pervious purchase by insiders.
Let me know what you guys think, I'm excited and am holding many contracts with a strike price of $7 per share as I suspect that will be around where the price will land after earnings.
*I am not a financial advisor, these are my opinions and not financial advice. Do not copy my trades or buy anything that I post, please do you own d&d.*
Long time no type... I hope you all have been trading well these past few months.
I believe that among the AI craze,
BBAI
will be one of the numerous stocks to benefit and will likely increase in value substantially this month. Here's why:
1.) AI in general is overhyped and is overwhelmingly captured the markets attention. We had the major impact of NVIDIA touching all time highs after crushing their earnings and subsequently the S&P 500 benefited and reached all time highs as well touching $5100+.
2.) Since many people feel like they may have missed the boat, I believe that smaller market AI stocks will get a similar injection of funds and should rise by proxy. Outside of that, BBAI originally had an all time high of around $16/share post IPO. Major hedge funds sold out of most of their positions in Q1 of 2022 and we have now seen a very significant change in events in my opinion...
3.)
BBAI
stock has been rocketing these past few weeks and most importantly this week has surged another 35% at the time of writing this. I believe that the timing of this surge and their scheduled earnings call on Thursday are very much connected and that we will likely be trying to retest the previous all time high of 2023 which was $7/share. Also worth noting that for the first time in over a year the executive and inside traders have amassed 61.8 million plus shares JUST THIS WEEK. Compare this to their last purchase and that was a mere 353k shares in December of 2023 making this move 175x the size of the pervious purchase by insiders. Let me know what you guys think, I'm excited and am holding many contracts with a strike price of $7 per share as I suspect that will be around where the price will land after earnings.
*I am not a financial advisor, these are my opinions and not financial advice. Do not copy my trades or buy anything that I post, please do you own d&d.*