I get that, living through the range that currently exists is never the exciting part. Just a reality with growth companies on the pink market with its own life and variables. Real life business and things can take quite a bit of time and its nigh impossible to time everything perfect.
If it was, everyone would be mega millionaires and there wouldn't be a statistic of 85% of people who invest in otc stocks lose money. Same goes for timing the regular stock market to a *slightly* lesser extent or timing the housing market. Plus plenty other factors where most are really just trading (even worse if they do it on a specific time scale) and not actually investing.
There is also a reality that investing in pink stocks takes much more due diligence and a MUCH greater understanding of the market place it is in vs normal exchanges.
Its all about investing to where the company is going. Pink market is like a pre-ipo options market pretty much, hard to nail down specific value only relative value. There is a ton of interested in trading in JUST that aspect of company down here, and yes it’s true many companies don’t make just like only 1% of the companies in Silicon Valley go to a full IPO. Just their options are up for public consumption and debate (well in reality a *tiny* market exists for a few like 23 and Me but very rare exception)
I’ve done the DD over and over and I come up with a highly performing highly undervalued company relative to its price range, regardless where the pps is in its pink market range. I see the markers for success and understand all the work that has been done. YES it’s been draining and costs a lot of money, coffers got drained for awhile. But NOW the coffers are getting rapidly refilled and allows for much faster growth and scale over the next couple of years. All the efforts are being rewarded and we see it everyday. In all aspects of the actual company infrastructure; products services and capabilities, customer base and brand strength.
All pinks are ‘high risk’ by default, I’ve never shied away from that statement. However my life in start ups and due diligence tells me risk has been greatly reduced for that category, to the point it looks better to me than many many Nasdaq level companies as a risk / reward profile.
They simply aren’t stopping. Doesn’t matter what these short term pink shenanigans do, they will simply keep growing. Sure, it's not nearly as exciting while its down vs going places, but a good strong company like FUNN doesn't stay down. The intrinsic value gap is too great, the revenues and brand strength become too strong.
Looking forward to uplist and corporate ticker change, get plenty of exciting stuff between now and then, but oh man, the Brand of 'Snakes & Lattes' I don't under estimate how powerful that is, its going to be great.
$FUNN
AI
