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Alias Born | 01/24/2013 |
Wednesday, November 27, 2019 11:47:57 AM
I just didn't like him acting like he had no part in all the shares coming to market.
The company's revenue is commendable, but they have a shit load of debt, much of which is in default. Not that it's insurmountable, but if they are going to pay if off with these shares, this is a long way from over.
Their next one is due Dec. 14th, BUT, the qualification period for the conversion starts this Friday if I remember correctly? So, they are not going to let it go higher, why would they?
Which means, hitting the Ask right now is giving away money unnecessarily IMO.
Anyway, Good Luck, I really didn't mean to get into all this. I should be use to OTC CEO talk by now. lol
PS: I don't doubt at all that some of the MM's short these stocks, but they pick the ones that are going to experience dumping, they're easy targets. (Think about that)
That too, is just my opinion.
Being led around by people who tell you what you want to hear, is not only dangerous, it's not much of a trading strategy.
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