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Re: lflhdy post# 28091

Thursday, 05/06/2021 11:30:23 AM

Thursday, May 06, 2021 11:30:23 AM

Post# of 52349
There are macroeconomic forces against that happening easily. The money that chased stocks like this through mid-February has either been diverted into crypto in the case of penny stock players, shifted from being into these kind of stocks that have high growth potential but no current profits into recovery-oriented stocks, sold off for capital gains because of Biden's threat to increase the capital gains tax rate, or just plain sold out to capture the multi-bagger profits that this company generated virtually overnight. It's going to have to prove that it can increase revenue and margins and make money, and then the turnaround will occur, but only gradually, not rapidly as it did when I had made 500% on my basis in a month.
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