Thursday, March 23, 2023 10:27:22 PM
Okay, so good news came out on March 20th when we were sitting at $.0069 on the bid and $.0079 on the ask. After the news, we jumped to over $.015 per share. Today we traded down a little, but we are still at $.011 on the close. That's still up 39% from three days ago even after the drop today and here we are saying that news did not move it?
The reality is that in the past three days we are up 40%. The bid moved from $.0069 to $.0102 on the close today, which means up 48%. The ask was at $.0079 and now is $.011, which means up 39%. If we want to talk about "reality", we have to look at more than just the 3rd day and take into consideration what happened in the full 3 days. That is the reality I prefer to see, being up between 39% on the ask and 48% on the bid. Regardless, what happened in 3 days is really not the true reality either. In the grand scheme of things, the long term picture is what will become the true reality, to see how S&L locations and the brand are really doing when it comes to growth and the bottom line, especially post Roger as CEO....
We now have a fresh start, with an enphasis on the S&L locations and not being all over the place like they were in the past, so I'm willing to give them a chance to see how they do, yes, even 5 years later, specially with the plan Rogen set in motion for the future.
$FUNN
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