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Alias Born 10/30/2020

Re: SC777 post# 6060

Wednesday, 11/04/2020 11:46:44 AM

Wednesday, November 04, 2020 11:46:44 AM

Post# of 9378
Walking it down on tiny volume isn't the problem. There are no buyers in this stock, therefore, no liquidity. That's the problem! It's hard to sell and get a decent price for those that need to sell some stock for cash. Management has failed to deliver on any of the target dates given for the closing of these acquisitions and people who bought on those new releases are stuck in this dead money, losing stock, if they need to sell to generate cash. This management team needs to prove they can finance and close an acquisition. It never takes over a year for public companies to close an acquisition unless it's a big deal involving antitrust issues. The "financing source" providing the $20 million credit line must have reservations as we are long past the "90-day till closing" timeframe provided by this team in news releases. These clowns need to let investors know why these deals haven't closed immediately, or announce them as closed, otherwise they have lost all credibility!
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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