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Wednesday, January 16, 2019 4:49:54 PM
I don't know penny behavior as well as index,
but sales and revenues do move the blue chips. Yeah, MMs and PR moves them too, but people bet on stocks based on how they interpret the PR/news.
but then again, if UBQU is gonna go multipenny or even dollar, it can show a real revenue, even like...a true honest balance sheet of PROFIT of say...a mil a year?
1 mil divided by say 1.5 billions shares in float = um....lol...actually that's trip 6.
but of course, if Hemplife had a profile of a true money making machine, I doubt you'd see it flipping from trip 5 to trip 6, the potential to become another....mini amazon would become prevalent.
but if your counter argument is iron clad, my advice to Ballas still stands. if earnings truly meant nothing, and its all about market making...then yeah, he needs a LOT more glitz and flash than a "forward looking" press release put out by him in his tone every two days and a video about the farm bill showing a president that most likely most pot lovers loathe and fields of wheat.... it was nice...but have that wheat morph to a Weed plant, dripping with oil.
ok ok I'm not an ad expert and probably that would suck, but you get my point, if the PPS is all based on a thin veneer of outward appearances, then you need to put those outward appearances into overdrive. Since Ballas was once a well known celeb selling things on that outdated media system called television, he should have some basic clue on how to translate that to social media platforms...
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