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Re: tapioca post# 139369

Thursday, 02/18/2021 9:42:49 PM

Thursday, February 18, 2021 9:42:49 PM

Post# of 156733
There are huge amounts of money sloshing around. Lots of retail investors drawn in by the $GME craziness. That’s why we’re seeing companies that haven’t even filed a 10-Q in the last year up >500%. Nasdaq companies like Sundial and Naked Brands trading at 30x sales. OTC companies like $MMEX reaching values large enough to be included in small cap indexes. This money will be soaked up by insider selling, secondary offerings, shelf registrations, etc. Sundial just filed for a $1 billion shelf registration. This is a testament to just how much retail money is out there right now. It’s not surprising at all that some of it is finding its way into $TTCM. Don’t mistake retail investor gambling for improving fundamentals in this company. It’s still a zero. We just don’t know what path it takes to get there.