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Re: pennyrich post# 151966

Saturday, 04/25/2020 10:14:55 PM

Saturday, April 25, 2020 10:14:55 PM

Post# of 186029
I get it. I was in this sub penny and when it popped, I sold - a bit early I might add. I might have bought Friday morning for a quick return had I been watching, but I really don't feel comfortable holding this for any length of time. Especially now that it is on the SEC's radar. I don't see a whole lot wrong with getting into the disposable gown business, but I lost a milly on a stock back in 2000 due to a gov halt (ibcl). As for the financials - they are honestly terrible. It could turn around, but someone would need to dump a load of cash into it. Then - they would need someone to really look at expenses - increasing revenues means nothing if the expenses and cogs raises substantially higher than revenues.