![](https://investorshub.advfn.com/uicon/329342.png?cb=1556918177)
Monday, July 24, 2023 12:20:16 PM
For 2+ years MVNT was wallowing in unfulfilled wishes/hopes/promises(?). One only has to look at the financials for the past 3 years to realize the reality of their situation.
Now they drop this BOMB on us common shareholders of a $10+M contract with one of the biggest oil companies in the world. Now, because of that one piece of great news, some folks are suggesting/projecting sky high share prices for MVNT. I, for one, don't accept any of those pie in the sky valuations.
While we all know that OTC tickers can run to extremely overvalued prices, such occurrences have been much less frequent the past year or so. Therefore, I'm trying to keep expectations for ALL my OTC holdings in check and grounded in reality. So while I'm hoping for the best for MVNT, I'm not going to expect anything until it actually happens.
Maybe I'm turning into an FMDK? -lol
Disclaimer: Do not rely on my projections or opinions to make a buy or sell decision. Always do your own DD.
Recent MVNT News
- Movement Industries Corporation Announces Joint Venture Alliance With an Excess of Ten Million Dollar Contract • InvestorsHub NewsWire • 06/29/2023 01:28:07 PM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM