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Matic retracted to IEO price; contrarian assessment showed no lower support, great risk-reward opportunity.

From He Figured Out What 99% of Traders Never Do | Ft. Loma · jumps to 1:30:56 · speech

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But it was Matic at the time. Initially on the listing, it pumped. It pumped like a good amount. And then it retraced slowly all the way back to the IEO price. Like literally two or maybe even under it a little bit. And I remember just reading Twitter and people are like, oh, it's a scam. Like, you know, it went all the way back to its listing price. Like, obviously we're being dumped on and, you know, everyone has their their their say on what happened here. The say usually being something negative. And so I'm looking at it and I'm thinking to myself, wow, I'm really contrarian here because I actually think there's no way that it falls significantly lower than here.
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