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Drone Stocks On A Really Bad Day

I did the math. The average one day drop on Friday on these five drone stocks was 13.93%. The D.J.I.A index on that same day was down almost 600 points. I don't play options on any of the stocks in this sector of the market. $Unusual Machines the most expensive of the six dropped down the most at 18.36% It now trades at $26.37. It has weekly options on it. Here are it's thirty and five day charts. What a nice run upwards it had last month. ... Now this. A look at how one series of it's Call options closed out the day. I see something I don't like. It's the small open interest numbers. That to me means poor liquidity whenever it comes time to execute a trade. That plus after such a big recent run upwards you would expect to see higher volumes of option trades. I have often talked about how I like trading $Walmart options because the bids and asks are so tight with instant fills. What about the other mentioned drone stocks on this list? Are they more playable? Let...
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Drone Stocks Are On A Terror

Yet things may not end all that well. It's the insiders who are having the rides of their life. Let me briefly explain. Here are three of the most popular drone stocks I follow, in no particular order. Note this about Unusual Machines, Donald Trumph Junior works for them.
All have doubled in price in the last six months and none of them are really making any money. That's the problem but it gets even scarier when we look at the second teir of players in this space. Look at these three companies..
Short term option traders have made a killing on this ones - so far. It always has news... they all do to help sell the hype.
Do any of these companies make any money? Draganfly has like 13,967,978 shares outstanding and warrants. Now look at this.
(Dragonfly Energy Holding is a different company than Dragon Inc.). All I am trying to say companies all over the world make drones. There is really nothing special about any of these companies. Investing in any of these companies is to rich for my blood. All of these stocks have "pie-in-the-sky" evaluations. If trading options is your thing then stick to the names of companies you know and understand.

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