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Re: papadedavid post# 388

Wednesday, 01/27/2021 8:41:54 AM

Wednesday, January 27, 2021 8:41:54 AM

Post# of 553
Technically, BMIX recently appreciated 50x in the matter of weeks and it would be plausible for Jupiter to go through the same. But, in reality, speaking from my personal experience, it is much more common to see a penny stock go from $0.001 to $0.05 than from $1 to $50... There is a large psychological barrier to buying into a speculative company at, say, $10 or $20 per share even though the mathematics at a more granular level may as well stay the same.

Jupiter is in the different league from BMIX and Jupiter will trade differently from BMIX, it just will.

However, my personal reason for being more heavily involved in Jupiter than in BMIX is that Jupiter may have a real shot at uplisting to a big-boys exchange given how clean it is and its current share price and structure. If it were uplist, the valuation would most likely fall anywhere between $50-$100MM, in my opinion. Also, while one awaits for that to happen, they may sleep better at night knowing that there is no convertible debt to be slowly eroding the valuation as soon hype subsides.


This post is my personal opinion. I do not provide investment advice.

ImOnABoat