Hi Everyone,
Just posting my little, ineffectively post here for fun, boredom etc etc.
I went thru with WEYL (LGIQ) since late 2015or early 2016.
I started with my investment at $1, still remembering the good old days when the total shares was around 20million shares (before splits). It rans up to $10 and wow many postings here on going to $40-50. So, I waited.... and down it goes. To keep the story short, I sold everything slowly while waiting with hope to $40, selling at $5, $4, $3 and finally $2.Yes, I did make my profit, and all the while listening to those stories. Stories of "NAKED" short squeeze, I even waited my last portion of stock for the so call spin off shares. Got the spin off, nothing happen, sell everything at $2.....
All these while, I notice something, something very very true or should I say "ALWAYS" true. The total number of shares keeps going up.
You can call it nicely by using those shares to buy "Good companies" that I never heard of. But the TOTAL market cap NEVER exceed USD120 millions (now at around USD50+million? ).
It just keep pumping with news and dumping.
And Yes, I have been also reading Pinkyland posts as well. I am like him, VERY lucky to be in at $1 and exit quickly. But IF I imagine myself still holding those position.....well... it's worth $0.15-0.2 now...
FACTS! Regardless of so many stories and news and "Naked short", those shoutings etc, FACTS! It is going down all along, every year.
You can say you buy at $1 and sell at $4,5,6 or 7... everyone can imagine that AFTER it happens. ( AND I can said I would have buy GME at $1 too...lol)
HINDSIGHT is useless... FACTS. FACTS is LGIQ stock value is lower than itself 1years, 2 years 3 years .....5 years ago!
DESPITE soooooo many good companies BEING brought in... DESPITE soooooooo many "GOOD" quarterly reports....
FACTS! Market is not blind, only gamblers are.
Well, this ends my boredom :)