Friday, November 04, 2016 10:43:29 AM
He started working with Green Automotive back around June/July 2010, quite awhile before he was named their CEO in Oct 2011. At that time the stock was trading in the .30 - .60 cent range. By May 2011 it was trading in the $1 - $1.50 range, and quite liquid as well.
In early 2012 the pps started declining into the .20 - .50 range until the time Luke left in 2013.
2014 is when it tanked royally to sub penny, Luke was not with the company in 2014, he had left due to health issues.
He did come back in 2015 but by that time it was too late for him to do anything IMO, it had been diluted into oblivion.
Now I did not look at the history of Green Automotive, or what happened there, only the share price history. Early investors there were well rewarded and there were a lot of opportunities to make $$$'s swing trading over the course of a couple years.
2014 is really when folks lost their shirts and Luke was not involved in the company at that time.
If he can run SMFi to $1.50 in a couple months I think most folks would be quite happy with those results.
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM