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Re: LOVE*PINK post# 47151

Saturday, 06/10/2023 7:47:09 PM

Saturday, June 10, 2023 7:47:09 PM

Post# of 50706
It is not time to short this right now or even in the past year. This company has been hobbling along every quarter borrowing while their debt festers at 24% plus fees and the trading volatility has been near zero. LOL Shorts do not hold long term while company's like this stumble along and do nothing and risk getting caught on risks like margin calls in my opinion. The time will come when they split and start to cycle through each tranche of the regulation "A" offering. Then it will be game on. All the elements are in place so for now just wait. One thing is for certain, the only way Leonite is going to turn those very nice notes into hard cash is through retail trading losses. That is a OTC funding 101 fact.

Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..

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