Minerco Inc (MINE)

[ChrisKo]

The issue I have is that longs think anything below a penny is cheap. The stock's high since the re-launch was .0122. The stock is half of that since then, and has rejected any sort of positive movements up, as they've just come back down .001 ticks every day or few days. This long term vision that you longs see is nothing but an extended wait till Q-3 when revenue picks up then. I don't see how it's beneficial to hold long on a penny stock that has trouble holding .01 (which shouldn't be difficult for a growing company at all, if the financials are in-fact sound). I did enough DD to know there's a lot of issues with the stock, which is why I'm not personally investing.

Will be a flip play and nothing else, until further notice imo.