Leon LaGrey
Why Newegg Stock rallied all time highs from the last two-days? How is $NEGG performing so well?! As an investor in Newegg stock that have purchased doing the IPO opening. Why this Newegg is becoming very attractive stock for everyone. Why I jumped early.
Wednesday’s start of the day turned out great despite no new news coverage coming from Newegg’s shareholder meeting. There’s many reasons why $NEGG stock rampant bullish moves can go even higher this week. Do not think Friday will take Newegg to a new All Time High. As I see it, The next start of the week will bring NewEgg Share starting next week. By next week i’ll give my reasons why $NEGG shares is performance has risen the way it is. Why I have gotten early during the Public IPO and, why it's important not let Reddit’s Wall Street Bets from swaying to buy the $Newegg Stock.
Newegg’s known for custom CPU components for novices building entry level for starters or, for the gamer looking to purchase your own gaming build for the first time, Whenever I go and purchase my computer components, Newegg comes in mind. Even I admit same of the sells aren’t there on top with Amazon. Why I do look like Newegg is the selection that’s always available vs Amazon Marketplace that tends stock on CPU's.
Reddit's Wall Street Bets comes to no surprise that they'll end up bag holding loss goods, $AMC & $GME which perform well during the time everyone bought the shares, Now AMC & GME going through stagnate dip. During the beginnings when Newegg was starting to pick-up momentum, many Redditor's dismiss Newegg's rally as pump & dump stock or, a.k.a "Paper Stock". Redditor's crowd of degenerates comes up with anything they say to mislead investors.
[quads id=11] As followers of WSB forum, little-to-nothing what they know about investing, they'll make wrong calls to users with stocks that carries no functional values. When Wall Street Forums Called out $WISH and CLOV they'll end up with poor decision-making leading the sheep downward bearish moves.
How I see it, Newegg as a company has been around for about more than 20 years online as the Custom-computer outfitter for CPU enthusiast which will remain here long term. I love purchasing Newegg's site many times out of 10, over Amazon. The inventory has for my electronic needs. During Wednesday's start of the open. I had 3 shares of $NEGG started at $20.80 open with bullish expectations that Newegg Commerce will jet up over $50 dollars. Throughout the open-market afternoon $NEGG soared over $71 dollars that Wednesday. According to MSN, The stock surged as much as 312%. I've purchase $NEGG when it went public back May 21st listening my intuition, where the company was going. Disclaimer!: This is not financial advice, this article is just written as an opinion piece and, not taken seriously. For more on LLG Entry, make sure to follow my newsletters on the latest tech pieces.
