Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The most important fact about the share structure which you failed to mention is the 2 billion AS. With pennystocks, you really have to assume that all those authorized shares will become outstanding. Under that assumption, with the mediocre revenues we are seeing, this really isn't intrinsically worth more than a few cents (being very generous with a market cap of 100 million or so.)
I think the stock is bottoming now, and will probably rally to 5 or even 6 cents. I will sell the millions that I am buying now at that point, absent stunning news.
JAGX more than tripled their gross profit last year, with revenues that have been steadily increasing over the last few years. Totally different from garbage like ABCO.
Exactly. I am buying in that vicinity.
For what it is worth, I think the bottom is very near.
I have no idea what that sentence says, but it is a simple fact that the report is unaudited. Everything else I said is taken from the report.
Hope you sold.
Lol, an *unaudited* financial report that shows a year over year revenue and gross profit decline. Good luck with that one.
MSMY is a garbage non-reporting company with massive operating losses. Keep your spam out of here please.
> are you saying that as long as you dont sell you havnt lost anything
is incorrect
It is inorrect. I don't think anyone with an IQ above the single digits really believes that. It's just a line sad bagholders say to each other to ease the pain. There is really no sense in which you haven't lost anything when the price of a good you possess goes down.
Do you really think you don't lose any money on your depreciating car until you sell it? I don't think anyone would be dumb enough to think that.
In that respect, we don't disagree about much. I think it will fall a little more; you don't. Moreover, we both seem to think there's a good chance of a nice run after this bottoms.
Perhaps where we disagree is in the long term prospects. I think that a company that massively increases the AS in the way this company has is almost certain to be a disaster for shareholders long term. This is *not* the next MSFT, and the idea that they have really discovered some miraculous AI is I think laughable. The fact that the best they can do is send out fluffy PRs about how they helped out some bit player who sells jeep accessories speaks volumes.
> but as long as one doesnt sell nothing is lost.
Ah yes. That old chestnut.
After that, it's 'well at least we have our health!'
What is a 'boden'?
> So basically what you are saying the Funding group just gave away several million dollars to CLWD with collateral of 7 cents and warrants in the 4 cent because they thought the company is going bankrupt.
When did I say anything about bankruptcy?
If everything I say is so ridiculous, then try to find fault with what I am actually saying. Don't just make up stuff that I'm not saying and attribute it to me. That just makes your case look very poor indeed.
I think that might be too pessimistic; I expect to see a solid bottom and bounce around 0.016-0.017. (Have been saying this for a while, though because my posts are not filled with 'this is the next MSFT' nonsense, my messages have generally not been welcomed here. Nevetheless, at this point we can agree the permabulls have all been decisively proven wrong.)
All that nonsense aside, I will nevertheless buy in the teens.
As someone who sold in the 60s, I can assure you that no nerve has been struck.
I will buy again in the teens.
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.
OK, so you use no valuational metric whatsoever, got it.
> I, and others look to the company's intrinsic value based on its own financial statements, projects and upcoming projects to determine an investment in INVU.
So what valuational metrics do you specifically use?
None of that is really relevant to the question of whether INVU should be worth over 1 billion dollars now.
> I am anticipating a steady growth towards the $1-$2 range.
That would give it a 6 billion dollar market cap. There is no way that is realistic, given the earnings numbers we just saw. Some hiccups with bitcoin and this plummets.
You can't read all the messages youself? Is your computer broken?
Not much to respond to. If you think quintupling the AS is a *good* thing because it will likely lead to lots of wonderful acquisitions, then I don't expect anything I say would convince you otherwise.
I've seen that sort of thing play out too many times before. It basically *never* ends up well. But if you want to give the 'but this time it's different!' line, then - well, that's your right.
There's not much substance to the point to respond to, unfortunately. Best of luck.
If you think increasing the AS by a factor of 5 is somehow going to be good for you as a pennystock shareholder, then you have very little experience in pennystocks.
pure fluff, no real content.
It is also worth pointing out that a company that increases the AS from 2,000,000,000 to 10,000,000,000 clearly has zero interest in uplisting, and much more interest in dilution. So don't expect any uplisting any time soon (if ever.)
It's pretty hard to argue that the company is somehow undervalued at this point - when performing a valuation on a pennystock, one should always use the OS as the number of available shares, as that's what the AS will be soon anyway. By that measure, it is already richly valued even now.
A nice short rally or dead cat bounce rally will give those in the know a nice exit point. The idiot bagholders who buy all that nonsense about AI and swarm-whatever will be left wondering what happened when their shares become worthless.
Best of luck to all.
I never called it a scam. Please read posts before you reply to them. Failing to do so makes your posts irrelevant.
Probably. However, if they can get some genuinely good news out (and not just PR fluff) then there could be a little run, though I would not get greedy waiting for miraculous highs. Obviously they plan on significant dilution (they aren't just raising the AS for the fun of it.) Once this starts the PPS will be crushed, so one will want to make sure that one is out before then.
Best of luck to everyone, and please don't listen to the low IQ crowd who think that increasing the AS means that they are getting ready for NASDAQ, or nonsense like that that doesn't make sense. Remember, many people here are simply gamblers who know nothing about even the rudiments of finance.
Huh? Raising the AS (and eventually the OS) only makes it harder to do that.
The level of ignorance here is a bit scary sometimes.
Exactly - fluff PR, followed by a plan to dilute. Typical pennystock strategy down to a T.
A nice BS rally (maybe aided on by a short squeeze) will give a nice exit point, though I wouldn't get too greedy and hold out for the spectacular highs seen a few months ago.
Sounds like you didn't read my message carefully. It's a bad thing.
Raising the AS (especially by a factor of 5) is definitely bad news, whichever way you cut it. This will be sub 0.02 very soon. It may find some support around 0.016-0.017. I would be very worried if it does not find support around there.
> Not sure if it's a good or Bad thing????
You're really not sure if increasing the AS is a good thing or a bad thing?
Lol. You people crack me up sometimes.
I don't think it hit 0.7 based on 'fundamentals'. As far as actual *investors* go, such news matters a lot.
I don't think this is near the bottom yet. I would hold off until sub 20s.
From the most recent 10-K
As of December 31, 2020, the Company had a single convertible note (see footnote 8), which is convertible at a fixed price and therefore does not contain an embedded derivative. Therefore, as of December 31, 2020, the Company had no derivative liability.
Revenues cut in half, but operating loss is about the same (and very negative). Liabilities are the same. Long term debt has increased. Total assets look the same. Notes payable hasn't really changed at all. Still a ton left on the Oasis note. Hard to get too excited about anything here. I'm not seeing some sort of rebound story here. They will still need to keep diluting to keep the doors open.
It still has a ways to fall before that happens. I expect to see sub .20s soon.
Nope, JANE has regularly been on the bid side. We're not near a bottom yet, but might be soon.