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Re: Cat post# 240730

Thursday, 07/25/2019 11:19:48 AM

Thursday, July 25, 2019 11:19:48 AM

Post# of 347111
Cat...I am 65 years old and have been around. Heineken trades on the OTC. I bought Concur Technologies years ago for under $2.00 a share when they were in the red ink, their growth every quarter eventually put them in the black, I recognized there improved cash flow every quarter when they were still in the red...it shot up to $17.00 a share and eventually went to $100.00 a share before being bought out. I have owned companies that didn't make dime one that have shot to $10.00 on hype alone...just on their business concept. Roger is young and full of piss and vinegar and wants this company to succeed...how many millions of shares does he own? Forget about market capitalization. Some stocks reach new highs on anticipated growth that defy any fundamentals any you incorporate. I don't care if you employ the income capitalization approach with comparable's that have a justified market cap or if you discount anticipated cash flow to determine value. I say $10.00 overnight and hype could drive it to $25.00. Only two emotions that drive the market...fear and greed. Look at the small float and the number of shareholders. The supply and demand factor will drive this puppy through the roof. Game of patience. I am not going to get into a piss match with you. I am telling you this from experience. Best of luck!

Chester
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