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Alias Born | 07/07/2017 |
Tuesday, November 19, 2019 2:42:43 PM
1. A R/S doesnt mean price will go lower. It only goes lower if he company continues its dilutive toxic financing scheme. With dilution there is no bottom
But with insurance money now flowing in and more on the way in 2020 with the new CMS plan this may no longer be a requirement when JRMC comes back on-line. Fins will hopefully paint this picture
Strangely I have a couple other stocks I own that have done extremely well following a R/S recently. 1-10000 never seemed realistic. So ill believe it when i see it.
2. With good fins or a surprise, this could be an amazing squeeze if we are maxed out on shares. I believe there has been accumulation for almost a year and if that is true it could pay well.
IMO Risk reward is very good. But no one has a clue where the price will end up either way.
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