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Re: MVAGUSTA post# 684

Saturday, 05/25/2019 10:45:55 AM

Saturday, May 25, 2019 10:45:55 AM

Post# of 887
I agree with you on several fronts. This is a crap shoot. What I don’t agree with you on is that companies provide false data all the time. Analysts and insiders can and do pump to dump low float stocks often for their own gain. It beats bankruptcy and small companies can limp thru penny land exchanges for decades.

What is better for investors....
A creative financing plan or closing the doors. So, diluting an investor is clearly better than handing them a sorry note.

I made a crappy investment in a company that looked to have a solid growth strategy in a booming cannabis sector. It was a Long shot, but it was and is a real product with, what at the time, I thought to be a top of the line model needed in growing market.

Volume is dreadful. Spread sucks. Nothing good to report. Time will tell. But to say the employees are all working for free food, happy hour drinks, and 4 hour vape breaks, sounds far more ludicrous than a company coming up with a creative funding plan to further their business operation. Time will tell.
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  • 6M
  • 1Y
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