eh. it's a tautology that I've changed on since 2021.
the old thesis is that no stock is connected to broader markets. especially penny stocks, doubly especially UBQU.
therefore, James Ballas is stillt he central focus. he was in the past he is now and will always be in the future.
the new thesis is that the OTC is "kenny's back yard" (not my quote) and UBQU is kenny's dog doo (my quote)
James ballas was the past, he made a very bad decision, heck he might have been a little wild west in 2018 but he was a punk compared tot eh criminals who tore his stock apart with convertibles and siren songs to chase crypto which thousands of OTC stocks did.
that's why I still care about PRs. but not because I put any faith in ballas or that they matter from a perspective of how any retailers who consider UBQU would think.
I care about PRs in how it might benefit KENNY to move this stock up.
honestly, I have no clue what promise JB made and he's apparently late upon. but it seems a matter of stress?
in the end, I care about the fact that the entire stock market and OTC is collapsing. what was F A N G is now dying. and to me that's a good thing because I believe what's bad for kenny's house is bad for kenny's ability to control his back yard. maybe he'll sell his collapsing house.
I'll be more concerned say if markets turn around money is flowing into the MJ sector, wall street is in flames, and I and others have tons of tendies and UBQU still volumes 10M and under a day.
until then, I think Mr. Ballas was 2018's news, and nothing more than a figurehead that wants to make money just like the rest of us. I am sure some around him have noted what has gone on for the last 1.5 years and I'm sure getting out from under this convertible debt should be his paramount focus. At very least, he has to stay current and not default. But if I'm right, kenny might find this dog doo useful for a CD swap so similar to G&D&E&T it might languish for months even if he defaults on interest payments.
two ways of thinking. and honestly at this point I don't think even ballas expects retailers to buy in, I think he's waititng for a MJ catalyst that would incentivise the hedge funds who own in my belief 20B+ shares....to want to move this stock upward. right now with those various banks like credit suisse circling the drain, now is not the time to do an old classic PR pump. I wouldn't.
let's hope the greatest depression doesn't make people spend less on cannazall. but other than that, I'm unsure what moves Ballas can make except dig into his personal funds to pay off the toxic debt, which I doubt he shall do. why take that risk, easier to just let it go.
so the only hope I can see is that those controling this stock want to manipulate it up in the next 3 months. It's a solid hope.
of course I'm not an expert on the business so they might have some move I can't see coming. and there's always the hope of going viral.
until then, I never was really good at focusing on Ballas as the reason for all our woes. oh yeah I used to mock him a LOT, but I coulda sold a lot more than I did in 2021. But even if I could sell all to trip 1 now....I don't think I would. If I thought Ballas still was in charge, oh yeah I would sell at trip 1 and leave. but I don't
