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$INVU
$INVU Strong move above the 200 day MA puts this on my radar as the MACD flip jump started this..last time a move like this on the chart brought .03.. see if history repeats itself.. pic.twitter.com/gkl38WNa1F
— Chris from Massachusetts AKA TommyboyTrader (@autumnsdad1) July 12, 2024
SEC Update
From yesterday's 10-KT:
Headed back up today, continues to show solid revenue and profit
> The existence of an SEC investigation and its potential outcome could have a material adverse effect on us and our business and operations.
Lol. Now that's an understatement.
CEO fired and currently in jail. Press released after close today.
That is false.
Divide the market cap (currently 218 million) by last years earnings, or even 4x the most recent quarter's earnings just to be generous, and you get a number nowhere near 6 or 10.
See: https://www.otcmarkets.com/stock/INVU/financials
YAHOO FINANCE SAYS THEY HAVE 10 PE. GROWING EARNINGS BIG TIME
SAFETEK IS A KILLER. GREAT IDEA. ONE OF MY COMPANIES IS USING THEM.
ITS ALL UP HILL FROM HERE. PLUS OVER 2 MIL IN CRYPTO
> THEY MADE 3.2 MILLION NET IN QRTR
Lol.
And how do you get a PE of 6 from that?
Lol.
THEY MADE 3.2 MILLION NET IN QRTR. PLUS OWN BITCOIN PLUS SAFETEK KILLING IT
COMPANY IS ON RISE BIGTIME. ALSO SAFETEK KILLING IT
RECORD QRTR AFTER QRTR. MADE OVER 2 MIL GROSS IN ONE MONTH!!
$$$$$$$$$$$$$$$$$$$$$$$$ I BOUGHT A BUNCH FOR THE BIG RIDE UP
LOL ... pe of 6? Absolutely false. Show your math if you disagree.
https://www.otcmarkets.com/stock/INVU/financials
This company basically has no earnings.
u guys dont know what ur talking about. stock has a 6 pe and thats just using last qrtr record numbers. im using numbers that say they dont grow their 3 mill net profit which they will.
better cover shorties as ur days r over. company has alot going for it.
its also at a double bottom. UP WE GOOOOOOOOOOOOOO
BYE BYE SHORTIE
Your probably right. They've disconnected from Bitcoin and the market cap is over bloated.
Even taking their most optimistic predictions into account (which are almost certainly false / fraudulent) and ignoring the criminal accusations and the possibility that many of the company's assets do not exist, the best case reasonable valuation probably puts this company at about 0.03-0.04. Given that there will likely be over-correction to the negative, I would suggest looking for an entry sub 0.03.
Read their latest press release on increasing Bitcoin miners..
There's a lot of upside here. Bitcoin revenues will only accelerate and share structures are respectable for OTC. Glta
I might consider buying back in at 0.02 or so.
lmao this is what you get from a scam company..
https://www.globenewswire.com/news-release/2021/11/05/2328730/0/en/Investview-INVU-Announces-Interim-Management-Changes-in-Response-to-Recent-Allegations-Against-CEO.html
Whether there are also corpses at Invu?
Glad I made a ton of money on this back in the day. No way I'm putting any money in this turd going forward.
SEC complaint! This is our leader!
https://fingfx.thomsonreuters.com/gfx/legaldocs/egvbkanznpq/SECURITIES%20FRAUD%20CLAIMS%20sec%20complaint.pdf
Looking strong this morning!
Let's go $INVU
No way - it was completely overvalued at 0.5, and only got there as the result of a pump and dump that was very widely known.
This is a dead cat bounce and we will be back around 0.1 soon. Plan accordingly.
This is holding up decently, but I'm planning on buying closer to 0.1.
Agreed, and thanks. GLTY
My original post was about how we humans decide the value of things by adopting them as valuable in our daily lives. Crypto has potential, so do hockey cards lol! It is the market that decides :) staying entrenched in old thinking blinds us from new opportunities. I have little trust in the security of virtual money....yet. It is evolving and as challenges are met with real solutions it will get better and more trustworthy which will make more people comfortable using it. Gold is a thing that people see as valuable but I have never seen anyone whip out a scale and chip a gold coin to pay for anything at the grocery store lol! We change with the times in a rational way and we will all thrive :) good luck to you what ever way you buy your pizza :)
Exactly, well said. So funny to see the obit of BTC and other cryptos.
Definitely an asset class that entrenched wallstreeters have no clue about, or don't want to have a clue. Love the quote below:
I gave my personal experience with this company. I said nothing about how wonderful or horrible crypto is. INVU is following the crypto craze for good or for ill. If they set up their ecosystem around their coin and have enough people adopt and use it, it could be a thing. Trading and crypto are the new shiny objects right now it is the wild west and this could bust or go ballistic that is the great thing about the market. If you want solid and predictable investments, the pinks are not the place to look. This is where the lotto tickets are bought. I would suggest that if you make gains here you sell and lock them in. I am playing with house money so this can do what ever it does and I’m still ahead.
Nothing that you have said entails that any bitcoin company is a buy at any price. I assume you are not silly enough to believe that.
If you have anything to say about that later issue then it would be valuable. But refusing to go beyond the mantra 'bitcoin = $$$' is going to lose a lot of people a lot of money.
I have no illusion that this is a company with any depth. They do provide some education about financial management but it is basic. They give stock tips and were helping millennials get free of their student debt and an option to get into the stock market easily. I went to one of their home parties and saw the value being given. They charge a monthly fee and they have now made their own coin they are leading the way through new territory. Things become valuable because people accept it as valuable. Look at gold ( shiny dirt), bank currency of any kind ( used to be backed by shiny dirt now backed by government promise), bitcoin (backed by the promise of scarcity) and the Doggie coin (started as a joke and has made people millions) With this as the reality we are living why would this not thrive?
I went to the party, hard pass on becoming a member but bought a 1 month fee in stock at 3 cents. INVU has been good to me.
It is important to know what you own and why you own it.
Sure ya will, then pass go and collect 200. OTFL. Learn the coin, see sticky above! Seems I hit paydirt without a doubt!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163420027
All that nonsense aside, I will nevertheless buy in the teens.
Exactly!! the entrenched 20yr+ wallstreeter's don't get it.
This group describes it well:
RE: BTC, and the related miner stocks.(pinkyland)
Not in micro penny stocks. Now, small caps, mid, large.... different ballgame. This is pinky land and sentiment rules here. If you are nimble you can do very well
As someone who sold in the 60s, I can assure you that no nerve has been struck.
I will buy again in the teens.
Sometimes the truth strikes a nerve, did I hit paydirt?
The OTC will teach many a lesson.
NOPE! It will cost you money. Learn the coin. Like I said time and again:
I get it! Don't be group 1 or 2. warning, this tends to strike a nerve.
Thinking that concepts like 'valuation' and 'price to sales ratio' or 'operating income' are somehow meaningless when we are talking about bitcoin companies is a way of thinking that is going to end up losing you a lot of money.
You can enjoy the ride, but don't mistake it for something else. The veterans know this, and will make a lot of money at the expense of those who don't.
Exactly!! Those that do not understand cyrpto and/or BTC apply analysis that is mostly meaningless down here in the wild wild west of OTC land.
Some day they will get, I suppose some never will.