Tuesday, February 02, 2021 8:19:57 PM
I will say this, a lot of penny stocks or stocks in general can move without any solid fundamentals or in some cases rise without even a company (ANDI) currently.
Just look a crypto-Most will move in this bull run. Is there any justification for it? Probably not. But people will make a lot of money.
Was there any reason for hedge funds to short sell GameStop? Or for retail investors to increase the price. Did it have anything to do with the company-GameStop. No, the company was being used to make money.
Now-please insert ANDI. Most investors already know that ANDI is not a legitimate company. The warnings are nice and honesty appreciated, but most are here to speculate that new ownership will emerge and a new business plan will be in place. Until we see a business plan, you’re spot on, nobody should be invested in this long term..Could that change with new ownership/plan. Of course our strategy can change.
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