Thursday, June 13, 2024 4:50:47 PM
Beauneedsbiscuits
Re: S-Boogie post# 86466
Monday, November 29, 2021 8:52:27 AM
Post# 86467 of 92629
Nothing is going to happen with this stock until it gets visibility and and over some misconceptions that some have that haven't followed it closely . Even though they are trying to expand, many are still leery of most of their operations being overseas. Too many Chinese listings wbere they could play fast and loose with financials that burned a lot of people. Some are unsure what it's true core business is with all this expansion, and one on reddit quoted it as being some Little Debbie type snack company.
Visibility is still the biggest problem especially with so many OTC stocks fighting for the scraps that are left over. I was encouraged when I 1st got involved in the stock finding out about 100s of investors following on Facebook and telegram groups. There is definitely a core number of very passionate investors, But if I had to guess, less than 5% of those in the stock groups actually doing anything to promote this.
If you don't have tens of thousands of people following your stock, Then everyone that does, has to do that much more to post on the various social sites. Having only 20 active "true believers" out of supposedly hundreds... isn't going to be enough to sway other investors.
At this point I fear it's going to take at least one more solid revenue quarter for this to be noticed enough for any significant volume to move its price
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