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Friday, November 08, 2019 10:45:36 AM
I did not get burnt. I never even heard of CMGO when that drop took place... Your assumption lacks market knowledge. ALL pennies have negatives, WHICH IS WHY THEY ARE PENNY STOCKS!!!
If more people noticed the story, more would be buying. People are investing in FAR WORSE every day... stocks with ZERO revs, millions in convertible debt, billions outstanding, multiple reverse splits, shady insiders etc and they are worth several times this market cap.
The only difference is that those companies do more to get noticed.
They dont release news in the middle of a Friday, when the least amount of people notice.
PS: CMGO current market cap is about $3 million here, not including the share reductions. This is cheap. They have already made $1.5 million over the last 2 Qs and have an increasing cash position/net profits. Just 1X forward revs here... we will make money from these levels imo, a lot.
My messages contain many opinions. Please do your own research
and validation.
Recent CMGO News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 02:05:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:36 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 11/17/2023 02:59:10 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 09:02:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/15/2023 08:05:48 PM
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