Playing the tables in Vegas is a crap shoot. Investing in companies, at least in my way of thinking, should be more than that. To each his own.
Companies close their doors because of faulty plans or poor execution. The lack of cash is a symptom of a bigger problem, it's not the reason for failure. It's what put you in this position that a company needs to fix. Same with spread, volume, etc. Those are symptoms of the same issue.
What is better for investors, always, and it's why the SEC exists, is to be open, honest and transparent. I predict the end of this quarter will show results that are in line with my observations. For everyone that's long, I hope I'm wrong but I have nothing to gain or lose on this. No reason to try and convince me of anything. You can consider what I say or ignore it. I'm good either way.
The question now should be would you buy this stock today, sell, or pass? We all get to make that decision on any holdings every day. No different here. The past, no matter where you might have gotten in, is irrelevant for all but tax reasons.
You are correct. Time will tell. I'd suggest this though, calling the company to see if anyone pics up might put your mind at ease or it might not.
Perhaps talking with an employee or a customer could do the same. The other guy already declared that I'm clueless. Let's just leave it at that.
Good luck.
Recent JKSM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 08:45:39 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 08:00:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/17/2024 08:00:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/10/2024 09:00:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/21/2023 09:00:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2023 09:00:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/28/2023 08:00:31 PM
FEATURED Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM
Reliant Coffee Debuts at #271 on the Inc. 5000 List of Fastest Growing Companies - Coffee Service Industry Disruptor Brews Up Exponential Growth Sep 5, 2024 11:51 AM
VAYK Confirms Receiving Revenue from First Airbnb Property with 1.4 Million Annual Revenue Goal • VAYK • Sep 4, 2024 9:34 AM
Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g/t Gold & 515 ppm Cobalt • MFL • Sep 4, 2024 9:02 AM