Tuesday, November 20, 2018 8:41:12 AM
Since you asked, I would have to say that it is just you. I did not buy ETFM because of how their financials are as of today; I bought because of how I believe they are going to be in the future.
Within the penny stock world, I can show you hundreds of stocks with way worse Balance Sheets, Income Statements, etc. I can also show you hundreds of stocks with way better financials too. The financials being how they are is the reason why they are a penny stock. It comes with the territory for all penny stocks.
Probably 99% of the penny stocks have financials that are not profitable and would not be considered very good. I'm taking the risk on the potential for where I believe things will be in the future for the company given their operations and its potential for growth.
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
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