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Re: GrauGringo2 post# 133412

Wednesday, 11/18/2020 12:23:22 PM

Wednesday, November 18, 2020 12:23:22 PM

Post# of 139628
Not looking for Bitcoin returns. I was happy with the return from the last run-up. My comments were just based on my observation of the way this stock moves.
I'm not negative on $CMGO. However, anyone who thinks this stock will climb above 9 in the next 3 months is going to be disappointed. 4s and 5s are the most likely destination. Again, that's not a criticism. Matter of fact, that's where I plan on buying.
Long term, this stock will not ever rise above $0.10 without a complete change in it's business model. The used equipment gambit will probably provide income for the next year but I don't think it's a long-term (3-5+ year) play. The very basis for it's business is a bubble. Make the money in a bubble but plan on doing something else when the bubble breaks; which, it will.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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