$MRAI - getting closer to decision time

This is a fun one with NO clients in it. I usually do not buy IPOs for clients unless there are special cases/reasons. This is one that I followed based on Fintwit talk and legendary FURU Zack Morris. I have averaged in over the last several days and have a cost basis sitting at $5.46. I would probably sell if it drops to $5.2. Volume has been extremely weak but over the last 3 days, higher lows have been seen. If it stays at or above $5.32, that streak will continue. Since this is a low float (~5.5m shares in float with 15m shares total), you have to be very careful that if a lot of shares start being dumped, she slides quick. The positive is that it can also go the other way. If enough people buy and hold + volume increases, the run can be epic. Good luck to you.

As always, this is not intended as a recommendation to buy or sell. This is for informational purposes only.