Nitty Gritty
Haven't used those two words together for a long time.
The nitty gritty of this stock is very obvious now. For years and years nothing exciting happened to this company. It only had about 20 million shares, insiders were buying, the sleep division looked promising, those were the 'good ol days'.
Fast forward a couple of years and Rotman's finally made its intentions official. At first it was some posting on social media that they soon regretted, not much but it was an attempt to get vyst some attention.
Then the deal with the mattress, the CEO, and then BAM! Full fledged marriage for vyst, Rotman's, air filters, and who knows... maybe a deal with a Chinese tire company.
All well and good and in many ways a bit exciting and profitable for the penny players. But actually the only real constant throughout the years of vyst is the stock price remains constant.
Yes, a dip to the trips and a few seconds at .15 but basically a constant stock price with the only change being more news and more shares being issued.
All this Twitter crap and social media does nothing except stimulate the herd.
So now I've changed my investment strategy in vyst. I would like to buy more to flip if it goes sub penny and sell on the little seconds of .01 - .017.
But if it does a quick spike in this area due to some more 'news'. Oh, lets say .10, then sell and repurchase on the dips.
The reality is that when over a billion shares (or more and more being pumped out by the company)it is impossible for this to actually sustain good stock prices. And this company is definitely NOT a billion dollar company. The market has priced it for its value.
So, the real nitty gritty of this company is that it has some potential with the various products. Not much potential but some. Money will be continue to be made by investors, (and lost) and the reverse split needs to be done as soon as possible with the company then refraining from further dilution, of course another event after the split will occur such as, "We are pleased to announce the deal with xyz. We only paid them a billion shares in stock..." and then the endless boredom will continue.
Everything else is just fantasy and a way to foment.
