Mr. Smee - Captain of the Jolly Roger Price
MARKET NOTE: MR. SMEE - CAPTAIN OF THE JOLLY ROGER
Updated 2026-05-07
Mr. Smee Cold Foil is cycling through a mild correction after hitting $0.66 last month, now sitting at $0.64 with sellers taking chips off the table. The 30-day picture tells the real story: up +4.9% over the longer window, but down -1.5% in the last week, which reads as profit-taking rather than fundamental rejection. From trough to current, the card has recovered +30.6% off its $0.49 floor, suggesting real demand exists at lower entry points. The NM floor at $0.64 is holding just below the peak, which means the spec crowd hasn't panicked and supply hasn't flooded. Watch whether this consolidates above $0.62 over the next 7-10 days. If sellers exhaust and the card reclaims $0.66, you're looking at a legitimate floor forming. If it breaks below $0.58, the bounce was just noise and bigger bags are incoming.
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