You write: 'bailed on the dilution driven decline decided to hold or try to average down on the assumption that the dilution will end soon'. Is dilution (you so much love to discuss) really THE EXPLANATION of what is going on in the market?
FACTS (you like that):
Outstanding Shares 0n 07/12/2021 - 2,813,515,456 – PPS:.0025
MC: $7,033,000
Current outstanding Shares on 01/06/2022 - 3,579,053,805 - PPS:.0009
MC: $3,3011,000 (smaller by current revenues run rate or with a multiplier of more or less 0,75)
Dilution 27% over 6 full months
Effective Market cap reduction: 47% during the same perid.
May I suggest that the decline in the 'market value' of our 'kind of startup' cannot be explained ONLY by dilution but even as much if not more by manipulation made by those able to manipulate the pps?
Once more:
Your facts are generally irrelevant since they do not really relate to what we 'play' with or 'invest in'.
The only relevant FACTS (take note, newcomers who Bubae pretend to try to help and protect):
- GRST is a RISKY stock with debts and growing revenues.
- It's managed by a successful executive working at reviving a company that was in a deep coma to say the least.
If he fails (but he seems confident and, so do many of his shareholders) we will have to writeoff our bet or investment.
If he succeeds (he really had a lot of success getting the company back in the game up to now) we are in for quite an interesting return.
My advice:
- try your luck if you feel like it, but do not bet the rent (1,000,000 shares can be bought for as little as $1,000 or so
- do your DD, do not listen to people having an grudge to satisfy
- give it time
This is a risky pinky, traded on a dangerous market manipulated by some ... may be even someone with specific interests, posting herein.
GLTA
