InvestorsHub Logo
Followers 680
Posts 9812
Boards Moderated 0
Alias Born 08/12/2009

Re: senv2000 post# 29574

Friday, 12/03/2021 7:42:26 AM

Friday, December 03, 2021 7:42:26 AM

Post# of 68777
Respectively, senv2000, you're applying fundamental analysis and valuation metrics to an OTC stock. It just doesn't work that way in the OTC. And most especially at this stage of the RM process. We're in the lead-up to the honeymoon phase right now.

Perhaps, sometime in late 2022 the GOFF stock price will reconcile to it's true after-merger fundamental valuation, but definitely not now. Just look at TSN*P/HMB*L chart below over the last year. Valuations 'were what they were' in Nov 2020 and Feb 2021 based on what we knew or perceived about the "potential" of Humbl. Emphasis on the word "potential".

https://www.barchart.com/stocks/quotes/TSNP/technical-chart?plot=CANDLE&volume=total&data=DO&density=H&pricesOn=1&asPctChange=0&logscale=0&startDate=2020-09-01&indicators=BBANDS(20,2);RSI(14,100);STOSL(14,3);ACCUM;CCI(20,100);SMA(200);SMA(50);ROC(10);MFI(14,100);PTP(50);SMACD(12,26,9);OBV;CHKMF(20)&sym=TSNP&grid=1&height=500&studyheight=100

Go GOFF!

My posts are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor.