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Re: JellyDonut post# 5571

Tuesday, 09/24/2019 12:55:09 AM

Tuesday, September 24, 2019 12:55:09 AM

Post# of 5675
You really should just STFU! You were touting this at .80 - 1.00 -- telling us how it was soon to be $2.00. Since then its lost over 75% of its value and I'm sure there's a lot of unhappy people who are underwater here.

As for insider purchases...SO WHAT?

Insider buying or company share buybacks ARE NO GUARANTEE that the stock is a good deal / going to go higher.

read this article

How Retailers Like Bed Bath & Beyond Dug Their Own Graves


"Over the past five years, Bed Bath & Beyond has spent about $6 billion on share buybacks, yet the stock has lost about two-thirds of its value over that time. Today..."



During the five years the stock traded between $39.00 - $79.00

TODAY THE STOCK IS UNDER $10 BUCKS and the market cap is around 1.25 billion --- about a 1/4 the amount of money they spent buying back shares. Smart people (one would think) doing stupid things (proof is the stock price).







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