Friday, March 06, 2020 7:26:41 PM
In that some brokerages are restricting trading due to the lack of that data, I believe it will be positive, but how positive will be determined by what's in the reports. Regardless of the specifics of the financials, I believe the guidance provided by the company will be positive.
We need to realize that if the stock is trading at a nickle after the news, that's double of what it is today. People would certainly like more, and it's very possible it will happen, but who can be upset about the recent share movement.
Personally I've only been in the stock a matter of weeks and have over triple my money, but I've heard others with ten times their money, or more. By the same token, looking at stock prices for a year, some may still have a substantial loss. Most of us will be thrilled when all who've purchase in the last year or in the black on every share they purchased, yet I note the all time high was about $2.50, so in time we want those shares in the black as well. My point is, new all time highs are over one hundred times what it's selling for today and if it's come down that much, it certainly could go that high, or higher in the future.
On a day to day basis it's nice to see it up in a very down market, but not every day can be an up day, and at times on big up days in the market, we could be down. What's important is the trend is up, and as long as that continues, no telling how high it can go.
Gary
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