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Wednesday, June 21, 2023 10:27:02 AM
These stocks run on momentum. The company does almost nothing to garner momentum. And real investors simply don't trust management to successfully navigate the public side of this company. Thats why any spikes are immediately sold into plummeting the price. We've been in a downtrend for 6 years now.
All they need to do to create momentum and instill confidence is what Rogen started to do. Put an IR business plan together and provide clear, consistent communication outlining how they are achieving their long and short term goals. Once you get stock price up you can aquire more cafes and so on and so... its a snowball effect. It's a win for stockholders and a win for the business...
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