Friday, October 08, 2021 10:44:10 AM
Anyways, I appreciate the post yesterday on the article of the MMA stock plays. I did a little tech analysis and saw that one of them just went from .006 to .05 and it is hanging around that area still... NOT a quick few hour hit. When I looked at the fundamentals, I saw they were not making a profit either and they were 'diluting' to cover losses. Gave me encouragement that something is really happening with these MMA companies and we might just be seeing the beginning of SP appreciation for this one.
Others have had a valid point on the RS and diluting that they have been posting... BUT... 'Past Performance is not indicitive of future results....' How does that one go again? Can work both ways.
Just because they have done a RS...
Just because they have not shown a profit yet...
Just because they sold shares to raise capital...
SM
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