Wednesday, November 02, 2016 5:19:20 PM
This company gained a lot of interest after the CEO defaulted on the loan. Penny chasers were attracted to the toxic waste.
There are companies out there with lots of cash, who don't have to issue stock. Trading below 5% of book and P/E's far below 1. They are dead in the water most of the time, gaining zero interest.
This market simply ain't too bright. Neither are the people working for those depressed companies. I haven't made up my mind yet who is to blame more for this. But OTC is governed by hype. In fact, the whole market is.
I come from the world of betting exchanges, some 7 years ago, where markets are extremely efficient. And I am still surprised, every day, how inefficient the stock market is. That is a good thing, because there is money to be made. But things just tend to get worse year after year after year, before they get better.
As far as INQD is concerned, of course it was undervalued at 20 cents. But with these prices today, and their history, who really knows. I mean, who really cares.
Recent INQD News
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 09/04/2024 06:49:54 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/15/2024 09:22:21 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/01/2023 07:35:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2023 01:00:16 PM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM