InvestorsHub Logo
Followers 58
Posts 661
Boards Moderated 0
Alias Born 07/11/2017

Re: JohnRStar post# 29720

Friday, 09/07/2018 8:11:43 PM

Friday, September 07, 2018 8:11:43 PM

Post# of 52207
There's a lot of resistance from trapped longs. It won't just get to 50 cents and stay there. It'll take time.

The BEST thing the company can do right now is get a friggen loan (not like they can though with Ted's shady past), and buy back their shares while it's cheap and decrease that outstanding share back into the double digit millions. This will instill investor confidence.

For example, if they were smart and slowly bought shares back, at 2.5 cents average, 600 million shares would only cost $15 million. If Ted wasn't so shady, it would be easy for someone to loan him the money to do this, which would then shoot up the stock price big time.