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Wednesday, August 23, 2023 12:46:07 AM
— Good advice. Old habits (of this management) die hard and they will continue to find ways to screw retail. Folks that bought between $1 and $2 last year or beginning of this year are stuck, unfortunately. I can’t imagine what it must be like for folks that bought in the $4-5 range 7-8 years ago.
Although, I doubt we see a spike anytime soon. And when it does happen, it will be too little too late because the share price would be so depressed by then that even a double or triple on a surprise positive news cycle will keep the share price lid at under .70 to .80 cents at the max.
Furthermore, it wouldn’t be surprising if it turns out that management was BSing about the partnership discussion or it goes nowhere. It’s another carrot they are trying to dangle like the $3M prepayment from the previous quarter, but no one is falling for it anymore. Ultimately, as with all things it will be forgotten in a couple of quarters and the narrative will shift to something else. However, the one thing that will remain consistent is the share price in penny land!
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