Friday, September 11, 2020 6:48:49 PM
I don't care what they say about that share buyback business. Nothing will ever happen in my opinion. I would not feel good here.
If you want some good penny stocks, I know some real good ones. Real companies. I can't guarantee anything. But these 3 are real. Solid, companies, low share count. These 3 are micro caps and have great potential. If they fail, it won't be because you got hoodwinked or because of shareholder dilution or anything unethical.
NROM - Noble Roman's Pizza. $9M market cap. 40 cents.
RAVE - The Pizza Inn chain. Has Pie5 franchise too. 40 cents and less than $8M market cap. Dependent on Brandon Solano turning the company around. From legitimate companies such as Dominoes and Pei Wei.
IVFH - $12M market cap. 39 cents. Gourmet food in a pandemic. Wholesale supplier and online retail.
Penny stocks are fun. But no matter what happens with those 3, you never have to worry about watching your back. You just have worry about business. I like all 3 and have all 3 of them. And it's possible a reverse split could be in the cards for RAVE or IVFH. It's on the table for IVFH but not RAVE. But either one could happen just to remain compliant on the higher stock exchanges they are on. But it wouldn't change the value of the company. It just might not be want you want psychologically from a penny stock.
But NROM in no way has that in its future. But those markets caps (the price of the company - OS times share price) are all really low and either equal to their annual sales or less than their annual sales -- the p/s metric. Which is really cheap to me. And I like cheap.
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