InvestorsHub Logo
Followers 10
Posts 448
Boards Moderated 0
Alias Born 12/30/2000

Re: Scotttrader80 post# 41470

Wednesday, 10/16/2019 11:18:23 AM

Wednesday, October 16, 2019 11:18:23 AM

Post# of 63549
'Scotttrader80 you said you bought some a few days ago so you must have thought the selling was nearly over as I did. The detractors were at least partially correct about the price and shares yet to sell; very disappointing.

I do appreciate the facts you bring to the board, so what's your overall assessment here now? I've seen this toxic borrowing before and it usually spells the end of one's investment of a stock. But this normally applies to companies that have no real business so the sellers will sell at any price. This one is different in that it is (supposedly) making money now, so I do wonder if there is a threshold price they are willing to sell.

The tweet by the CEO was cryptic but at least he is updating the shareholders, where most penny stock CEOs would disappear at this point. If this is the last of the shares and the company is making money now it would be a great vote of confidence if the CEO were to buy shares and show it on a form 4.

Hard to say where it goes from this point. I think it all depends on how many more shares to sell and who is now willing to buy on the cheap. I hope this does turn out well for those who really loaded up during the constant downturn.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent INTV News