Sunday, April 08, 2018 12:12:01 AM
There was a purpose and reason for a reverse stock split. Until Christopher comes clean or until he can prove a viable business model, this stock is a no-touch for me. $0.08 is relatively cheap in comparison to the $0.20 it should be. But then again... what actual viable business is this company in?
Blockchain?, cryptocurrency? What does that even mean nowadays with every single company shifting its business model to that just because it's in Vogue?
What does Broadside Enterprises do?
An investor should at least know the answer to that question prior to putting down any money on it.
Me personally? I'm simply waiting for shares to become unglued. There's no way a float can remain this low. There was a reason he reversed.
This stock has become more of a novelty item to me then something I take Serious. Christopher was once trusted and revered but he lost those qualities when he suddenly and without notice performed a reverse stock split, completely destroying his loyal shareholder base. While it's true that the stock went from $0.02 - $0.40 and many were able to profit, that was an outlier.
I just can't take him or anything his Camp says, seriously right now.
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