InvestorsHub Logo
Followers 274
Posts 8627
Boards Moderated 0
Alias Born 10/05/2010

Re: Hanibal post# 3700

Wednesday, 08/26/2020 1:15:46 PM

Wednesday, August 26, 2020 1:15:46 PM

Post# of 5287
My thoughts EXACTLY, they started it way, way too high.

When you start them too high, and you have to keep going down, to try and find buyers, a)you make the chart look like crap for chartist, B)you screw over all the people who bought initially higher and C) you scare off all the potential new investors, who are looking at your company and the price history, and see the pps keep going down.

It's just bad all the way around.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.