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Re: Gwinner post# 9061

Tuesday, 02/20/2024 2:24:55 PM

Tuesday, February 20, 2024 2:24:55 PM

Post# of 9139
Gwinner,

I am saying the loss of Nasdaq listing had a very large impact on stock price last year. Virtually all the institutions that owned it solely because it was on Nasdaq ..... sold ..... and with no buyers and news ...... into the toilet it went.

Insider buying was and has been mainly because the company was also out of money. They obviously had a raise planned to stay on Nasdaq by their own admission .... and they back out of it ...... I'm sure the terms were pure shit. Instead insiders bought new cheap stock with no added candy. Six of one .... half dozen of the other ... shit financing or insiders buying at even worst prices ........ stock buys at bottom of barrel prices that frankly shouldn't have happened. Mismanagement again of the capital structure of the company. Par for the course here.

Anyway, the insider buys are unregistered .... so they can't sell and doesn't hurt current stock price. And not in the hands of scumbags. So some positives at least ...... but we also know that past insider buys .... while typically positive in the short term .... longer term ..... well you know the story. Here we are ... still waiting on the next step.

Amigo Mike
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