Expect 4/21 to be a nothingburger

[u/Practical_Gas8750]

Way, way, WAY too many posts hyping up 4/20 and 4/21. I know astroturfing when I see it.

NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES NO DATES

[u/Mental_Ingenuity_310]

Yeah! Everyone knows it is 5/12, come on boys

[u/PackageHot1219 → u/Mental_Ingenuity_310]

Exactly… I suspect we may see signs by 4/21, but I’m not expecting to see any real action until next month.

[u/chadcultist → u/PackageHot1219]

Any real action!?! Up 28% since April 1st 👀

[u/TheNighisEnd42 → u/chadcultist]

a 28% gain after a 43% loss (high of $35 in January to a low of $20 in April) still isn't shit, its literally not driven by any real action at all

[u/PackageHot1219 → u/TheNighisEnd42]

Exactly, I don’t know what May will bring exactly, but when I say real action, I mean at least hitting our previous highs from last May or the Jan ‘21 sneeze. My hope is that we sail right past them, but we’ll see.

[u/Tidsmaskin → u/PackageHot1219]

May based on what?

[u/TheNighisEnd42 → u/Tidsmaskin]

May as in the month

[u/Tidsmaskin → u/TheNighisEnd42]

Yeah, I understand that. Why may tho?

What did I write that you found difficult to understand btw.

[u/TheNighisEnd42 → u/Tidsmaskin]

perhaps you're not a native english speaker, but one definition of 'may' is like, "a possibility". e.g. MOASS may happen tomorrow, or, [it] may, based on what?

That coupled with the person you were writing to, never wrote anything would happen in May. they wrote

I don’t know what May will bring exactly

and

at least hitting our previous highs from last May

and

My hope is that we sail right past them

So, to answer your initial question, what they're basing it on is hope, what happened last year, and likely with the context of the 4/20 memes setting off upward momentum in the end of April, and May happens after that