Blum Holdings Inc (BLMH)

[SSCadaver]

Hahahahahahahahaha. Believe me, I know how penny stocks work. I made a small fortune on this stock 4 years ago.

You are correct, it will "continue until profits." You realize they take more money to offset the potential profits right? They're not only "spending money to make money." They're spending money for the fun of it, for personal gain. And that will continue as long as they can possibly do it. At which time a restructure, RS, new management, bankruptcy, or one of the other wash rinse repeat cycles will occur, as all of us penny stock professionals have seen hundreds of times prior.

I'm not saying you can't make money here. I'm saying that investing in this long term will make you a smaller return (if not negative return) than going to a damn CD note, all due to the fact that insiders have a cynical plan to cash out.

JMO,
SSC