News Focus
News Focus
Followers 201
Posts 17452
Boards Moderated 8
Alias Born 01/29/2018

Re: Ambro24 post# 53298

Friday, 12/10/2021 1:09:25 PM

Friday, December 10, 2021 1:09:25 PM

Post# of 54687
Holding through a reverse split and a debut on NASDAQ is a bad investment strategy. The stock always trades lower than on the OTC and lower than the offering price on the stock units that got them uplisted. Always. This one offered a share of stock and a free-trading warrant for what, $6? Stock was trading at around a buck higher than that just prior. You could see it coming, the underwriter's clients were going to sell both and make money for themselves. Then all your left with is a fledgling company on NASDAQ where genuine due diligence is done, fluffy PR's need not apply.

They aren't doing a buy back. That would be a stupid business decision right after an offering and uplisting. Nobody invests in companies that make stupid decisions.


I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent WKSP News