You have a very good point. My guess is that news will be some announcement or rumor from one of the investment sites, on a date for ER and people will buy on rumor and of course sell on news. This is a spec play and at this point in time, nothing more, nothing less. If you are an investor who invests like Buffet then you pick top sectors and top stocks. (Cyber security PANW ZS OKTA, Cloud software TWLO ZUO, ADBE MFST BABA, APPN, Biotech MDCO AMRN LVGO, Gene sequencing NVTA GH NTLA ILMN, retail SFIX TGT, 5G NOK AMD NVDA MU QCOM ZAYO XLNX etc etc. Cannabis is too damn ify right now but if I had to pick best of best it would be IIPR CWBHF MEDIF GTBIF. My point is that EVIO is a spec play period. Horrible management at best. Can those clowns actually come out with news that drives the stock upwards? Who knows. Its a catch 22 really. Great top sector; Cannabis testing. Great time in history to be a tester and the market is at birth stage so the testing sector will only grow. Then you have as inept a management team as I have ever encountered in my profession or as an investor.
I am confused as to why such smart people here treat EVIO as anything else but a spec play short term. Long term EVIO is golden (maybe not as it sets today but no way that EVIO will cease to exist. Its gets bought out, management finally steps down or gets fired, etc.) So for me its both a spec play with trading shares, and long term shares. Normally I would NEVER invest in a company with such horrible management. This is why I do not invest in MMNFF, the top MSO in the US as far as number of dispensaries they own but management seems to be a bit dishonest so I stay away. I do not know, or think, EVIO management is dishonest. I think they are just in over their heads. I hate true penny stocks but I must have a sickness that has me have to play spec play so I can attempt to thrive on Chaos. Kill me.
