Followers | 4 |
Posts | 151 |
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Alias Born | 03/03/2021 |
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Saturday, March 27, 2021 9:50:55 AM
Management could be more direct with their debt, but it's literally all spelled out in the filings. And it hasn't been to "enrich themselves". Mark, George, and Ram are not rich. I think "paying the bills" is more accurate.
Same old management? Yes. I hope so. These dudes know how to code and they understand the tech to a ridiculous degree. Ram's background is unquestionable. It would be great if he wrote another vchat blog and went in a little deeper on the tech and geared it towards engineers and cyber security professionals.
The price has dropped by 1/3 because FOMO and hype took it up too fast too soon, but a lot of people look at this stock as their retirement lotto ticket. It is a real product and could be "all that" in a growing sector.
My Positions:
561k with .21 avg (for future flip)
1.2m with .06 avg (for nasdaq and beach house)
I've been flipping this since December: in total, I've sold 3.4m and made $78k (terrible flipper).
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