Thursday, November 28, 2024 12:30:18 AM
I'm not rooting for this to go down, but I also agree that we have to call this stock what it is, and Jetta is correct, it's a failure, or maybe not even that, they have to try to before you can say they failed, to me it seems like more of a nothingburger than anything.
The only reason I bring this commentary in is not to be negative, but to be a informative and provide a realistic take. Especially since lot's of people get wide eyed dreams on the OTC thinking they'll make piles of money on these things only to find out the ticker wasn't ever anything at all.
Meanwhile, you can put your money into real companies on the Nasdaq or S&P 500 and ACTUALLY make piles of cash. The last 4-5 years have been amazing, and really since 2008/09 until now has been phenomenal, now imagine instead of having money parked in Entrex for the last 5.5 years, it was invested in the S&P 500 index or Nasdaq index fund, you're up over 100%, or any of the big tech stocks which have been easy and obvious buys you're up 2-3x, or an Nvidia 13x, Broadcom 8-9x. and there are many, many more. It hasn't been hard out there at all...
Someone that is even in their initial Entrex purchase is actually down because they've lost to both inflation and gains to the rest of the broader market.
I parked a small stash in RGLG back in 17' before Entrex was here, it was supposed to be a Joe Arcaro merger that never panned out and I never sold because there wasn't enough liquidity so I just held onto it, but also in hindsight I learned and came to the obvious conclusion that I would've been much better off putting it somewhere real. Luckily for me today its an inconsequential amount, and either way and was part of my learning. I also tried trading long ago, and for me that didn't work out super great either, but was part of my "tuition" so to speak. I did learn a lot about reading charts, order books, short percentages and other things but now I stick with the buffet method and combine it with Technical Analysis as well to find my entry and exit points. For me that method is pretty tough to beat. 67% up across three accounts just in the last year alone, and all the money is invested in real compani, and my the cash is in a 5% money market. It's been great since 2019/2020, and I'm not sitting around waiting for 1-2 stupid little empty promises to come true and in the short term I don't care about the up/down price movement unless something about my thesis on a stock has changed. I bought some Tesla at $260 and watched it go all the way down to $140, but it I held because nothing about my thesis on Tesla had changed and I had bought for a longer term play so I wasnt worried, now we're back to $330....
When we buy a stock we should have clearly formulated reasons for why we do, otherwise when does one know when to pull the plug?
To me the merger here looks dead, and that was the reason to be in, problem is there is no liquidity on RGLG, so selling for most of us isn't an option right now, and we'll will be riding this lower.
Anybody that is still hyped on Entrex / RGLG comes off as either suspicious, incompetent or just naive. Expectations here should be extremely low, especially at this point. We can blame FINRA all we want to but that's only valid for so long, and we're far past that point. The "leadership" at Entrex has set untenable expectations which they can't meet and that should tell any of us all we need to know, a Good CEO or CFO will not set expectations they can't meet and then blame someone else when they don't pull through,
Anyways, if you really believe something will happen here and you just feel like gambling, 3.5 cents isn't the worst place to buy, but I'd consider it a lottery ticket not an investment. Someone can talk all day about how they will win the Powerball but that doesn't change the odds.
The only reason I bring this commentary in is not to be negative, but to be a informative and provide a realistic take. Especially since lot's of people get wide eyed dreams on the OTC thinking they'll make piles of money on these things only to find out the ticker wasn't ever anything at all.
Meanwhile, you can put your money into real companies on the Nasdaq or S&P 500 and ACTUALLY make piles of cash. The last 4-5 years have been amazing, and really since 2008/09 until now has been phenomenal, now imagine instead of having money parked in Entrex for the last 5.5 years, it was invested in the S&P 500 index or Nasdaq index fund, you're up over 100%, or any of the big tech stocks which have been easy and obvious buys you're up 2-3x, or an Nvidia 13x, Broadcom 8-9x. and there are many, many more. It hasn't been hard out there at all...
Someone that is even in their initial Entrex purchase is actually down because they've lost to both inflation and gains to the rest of the broader market.
I parked a small stash in RGLG back in 17' before Entrex was here, it was supposed to be a Joe Arcaro merger that never panned out and I never sold because there wasn't enough liquidity so I just held onto it, but also in hindsight I learned and came to the obvious conclusion that I would've been much better off putting it somewhere real. Luckily for me today its an inconsequential amount, and either way and was part of my learning. I also tried trading long ago, and for me that didn't work out super great either, but was part of my "tuition" so to speak. I did learn a lot about reading charts, order books, short percentages and other things but now I stick with the buffet method and combine it with Technical Analysis as well to find my entry and exit points. For me that method is pretty tough to beat. 67% up across three accounts just in the last year alone, and all the money is invested in real compani, and my the cash is in a 5% money market. It's been great since 2019/2020, and I'm not sitting around waiting for 1-2 stupid little empty promises to come true and in the short term I don't care about the up/down price movement unless something about my thesis on a stock has changed. I bought some Tesla at $260 and watched it go all the way down to $140, but it I held because nothing about my thesis on Tesla had changed and I had bought for a longer term play so I wasnt worried, now we're back to $330....
When we buy a stock we should have clearly formulated reasons for why we do, otherwise when does one know when to pull the plug?
To me the merger here looks dead, and that was the reason to be in, problem is there is no liquidity on RGLG, so selling for most of us isn't an option right now, and we'll will be riding this lower.
Anybody that is still hyped on Entrex / RGLG comes off as either suspicious, incompetent or just naive. Expectations here should be extremely low, especially at this point. We can blame FINRA all we want to but that's only valid for so long, and we're far past that point. The "leadership" at Entrex has set untenable expectations which they can't meet and that should tell any of us all we need to know, a Good CEO or CFO will not set expectations they can't meet and then blame someone else when they don't pull through,
Anyways, if you really believe something will happen here and you just feel like gambling, 3.5 cents isn't the worst place to buy, but I'd consider it a lottery ticket not an investment. Someone can talk all day about how they will win the Powerball but that doesn't change the odds.
Recent NTRX News
- Form QUALIF - Notice of Qualification [Regulation A] • Edgar (US Regulatory) • 02/23/2026 05:15:04 AM
- Form 1-A POS - • Edgar (US Regulatory) • 02/12/2026 09:38:46 PM
