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Personally, I could use some exciting verifiable news relating to assets and revenue, and soon.. to really soon...Ideally prior to Jun 30.
Somebody please satiate my thirst for a baseline price point predicated on an initial ticker valuation of 1 billion dollars. Thanks
Question:
One big selling point is the amount of shares/float albeit we are officially in the blind. If this stock reveals significant assets and an overall encouraging outlook, they will want to increase shares to sell.
That will again negatively affect we early investors...correct?
No big reveal????
Allow me to expand on your statement- hope to see verifiable positive filings
Imo, nothing matters until we see filings revealing the assets and all relevant information relating to the company.
That is when it will either immediately die, fizzle away slowly, gradually gain interest, or explode like a GRB gamma ray burst.
I hope all filings are on time and we see what is needed within the next two.
I'm guessing that when EGOC finally does their big reveal it will be on a Mon - Wed. Imo, if they release information on a Thursday/Friday it will be uninspiring.
Does anybody see it differently?
Has nothing to do specifically with EGOC but the possibilities are interesting.
https://crypto.news/hong-kong-issues-first-crypto-license-to-company-working-with-institutional-investors/
They are different. He sometimes responds to Marty comments in different post, and answering different questions that were asked of him.
Did I see eerily similar wording in one of the PR posted here about the same things??
...." Ma, who was once China's richest man, is expected to conduct research on sustainable agriculture and food production"...
..." Ma will also "share his rich experience and pioneering knowledge on entrepreneurship, corporate management and innovation"....
https://www.businessinsider.com/alibaba-jack-ma-university-tokyo-japan-visiting-professor-beijing-crackdown-2023-5
I have been here for years and will wait this out. For me, it is not worth the risk to invest more than I already have. I hope the filings prove that Marty was severely underestimating the companies and we can all rejoice.
Marty either knows something he can not post or it is conjecture. As you stated, many folks are waiting for filings so that they know what they are purchasing and the future possibilities, as opposed to taking a PR as verifiable data.
I hope it all works itself out and it becomes lucrative for us all.
I appreciate this type of post. No sunshine pumping, no pot banging, no outlandish forward looking projections, just an opinion predicated on knowledge, experience, and the current information.
Of course, I hope you are incorrect and the price hits $20 this week.
Guess Deion isn't picking up the phone huh!???
Try that Mexican dude, someone, please.
; )
Any sensible answers to my question??
Certain buyers/sellers make moves almost instantly as if they had notice to information prior to the general public. They must have a means of finding out immediately after a filing.
How do some folks(pros) know/see the filings so quickly that they make moves before others?
Alerts? Folks refreshing web pages? Paid service?
Forner OTC / Monster Beverage / NASDAQ:MNST / Market cap = $55.5 billion
I hope we all do well, especially those here since it was a custodial play and earlier.
Ideally for me, this will reach $60+ before 2024 and $100+ before 2025. How likely that is I don't know but it would certainly make up for the dilution.
How does market cap dictate price? Market cap doesn't predict future price discovery nor account for inflow of new investors. It is a number that reflects price × outstanding shares.
Unless you meant market value???
Holy great wall of words Batman...ahem, Summerman.
Thx
I am neutral until something tangible is released. In the meantime, I like anything that raises the price albeit temporarily.
Question: how much weight do folks give to PR forward looking statements??
Yeah, it's something, but what we really want are filings correct?
Let's all calm my expectations..
: )
I was hoping for it, but pragmatism suggests waiting to see what is actually being bought and the numbers behind it.
Currently I have doubts. Initially I invested on the chance it would become the next big thing but realizing it was a "lotto".
I am in a holding pattern currently not willing to risk more funds, but with fingers crossed.
Imo, still no get around that people investing now are getting more shares for their dollars than we early investors did due to the RS.
Zero confidence in the ticker until justification for my early entry and dilution pays off.
Hoping for something amazing to be filed that sends waves across major media platforms, not just microcap daily.
Unfortunately for me, my last buy was $15k at $0.015 when we were expecting a ticker change. A $2/share just gets me even (all shares) which isn't exciting. I get your point that it should be the jumping off point to something bigger and I hope you are correct.
>$35 gets me excited and who knows how many years that would take with ideal circumstances.
Happen what may, but so that our wallets are too small for our 100s.
I would be thrilled with life improving but life altering would be amazing.
That is the kind of sunray I needed on a cloudy day down south. I hope it is true but if not, I'll keep waiting in a hurry.
Will somebody please post some type of good news relating to EGOCD.....
Argh,,,,,,,,,,,,,,,
The Monday lulls.
Lots of fluff and speculation still...eager to see facts that have been verified so we can better determine the trajectory.
Good lord that's significant holdings...congrats...I hope we can watch this reach Alibaba price or Nvidia!!!
3 years in and I won't consider selling until after $15...and just a portion.
Are people going to buy in the blind again??? Doubtful imo, but hopefully this thing lands between Alibaba and NVIDIA.
Precisely what I've worried about....for me it simply dd not makes sense to do a RS especially out of the gate...almost as if the folks behind want another shot at a run from newbies to this ticker.
I hope something positive happens but I fully expect to be considering capital losses in Dec.
Ok, here is my point. I agree with what you commented however -
Imo, it was more likely that the price would reach $0.06 than it is to reach $15 per share after the RS.
Both equal $240,000 but imo one was more likely. My ideal target prior to the RS was $0.20 but now that would translate to $50/share. I believed the right conditions could get it to $0.20 but have little faith it can reach $50.
Unfortunately that is a terribly low price once shares are diluted.
For me, this is looking badly.
Unfortunate to see that someone else agrees with my sentiment. I would rather be incorrect and the RS cause momentum, but my research hasn't show any favorable outcomes.
Time to just keep holding on while holding.
Fair enough. I have the mentality of a scientist and am a pragmatist, show me the evidence and I change my way of thinking.
Admittedly, I have little experience but a 250:1 RS will require major inflow of new investors to lift the price sufficiently.
I am having a hard time seeing it reach the equivalent of $0.20 per share, which is where I believe folks thought a billion dollar company could attain. That would require $50/share after a RS.
Dilution unlikely for owner or we insignificants?
Everything I've read claims a RS is a negative thing, clarification on the above would be appreciated.