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Friday, 07/09/2021 11:27:55 PM

Friday, July 09, 2021 11:27:55 PM

Post# of 28549
Scarfed is clearly short and trying to buy back lower and if he isn't, than he should be. If I wanted I could name countless stocks that people bought top and had to wait LONG periods of time to see a return on investment. Even blue chip stocks and premiere companies. If you INVEST you always risk having to wait. Manage your risk, dollar cost average down. Don't take on more than you can handle. Simple truth is this, yes it sucks that the SP is weakening. No that does not mean it will not go back up. Manage your risk and don't sell for a loss unless you can't take the heat. Remember when u sell for a loss you are giving profits to the short position. As far as everything goes right now, my guess is the new shares issued will be used to pay down debt, and give notice to redeem option on Trillium note. Preferred shares are not redeemable until Oct 6th, this should indicate that the company plans to release something in the press or a filing before then which will send up a buy signal. The authorized shares are 800 mil. The public float is only around 150 mil or so. Possibly more but that's still low. With that being said, per the 14C filing at no time will the outstanding shares exceed authorized shares. The company is transparent and not hiding anything its all in the filings. If the authorized shares go up further I would be worried but still. They have many catalysts and the fact is, much worse companies with higher AS and OS trade way higher. I will load more of this if it becomes cheaper BUT you won't get my shares short. I'll let what's gonna happen happen and buy the dip. I'll hold til you grow a beard and can braid it. You still won't buy my shares back lower. Have a nice day
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