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Re: rickn23 post# 78140

Thursday, 05/21/2020 4:32:43 PM

Thursday, May 21, 2020 4:32:43 PM

Post# of 78243
Most people will know that Red Giant had no profit all those years. It should only take 1 minute to do their DD. Look at the stock price and you know the answer. Most people buy a stock trading in $.00s or $.000s in the hope/prayer in that some day they will get it right and make some serious profit/money and make them serious money. Like I said before the day traders are just playing the stock for some percentage movement in the price. One can make 50% or 100% return on a stock that trading in the $.000s. you know that, I know that and most people know that. So whats the point of SEC 10Qs its just an obvious thing and there is nothing there to tell the shareholders what they don't already know. If you need a 10Q to tell you the company is in financial distress at a stock trading for $.00s or $.000s then you are in trouble as an investor. You should not be investing in this kind of stock since there is no fundamental value. You are investing in the hope/prayer for the future and nothing more. Its like buying a lotto ticket and hope you get the right numbers and win the big one with these companies. So who are you kidding when you say the company should report to the shareholders.
The only time companies this small report to shareholders with 10Q when there is significant growth with the company in many ways to show people what they don't already know that they are indeed getting out of financial trouble.
Being holy then thou and asking companies to report 10Qs when there is nothing to say is just being stupid about it.

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