WHAT EVERYONE HAS TO REMEMBER.......
First off, yes, everyone would have wanted to see a deal with $$$$$ attached to it today. So, anyone expecting that may be disappointed....
BUT REMEMBER.....
This stock is not trading at $5.00, it is trading at .005. What does that mean...it means that the market is already factoring in and betting that SSWH will not be able to finalize a single deal with any big names.
If the stock was at $5.00 and we got this, then maybe the valuation of the company would dictate a lowering of the stock price....
BUT....
WE did get in print that they met with SEVERAL car manufacturers (BOY DO THEY NEED SPELLING LESSONS!!). Please name any scrubino car manufacturers in the MIDWEST???!?!? ANSWER: There are none. They are all big players.
The market says we get nothing. THat is ALREADY factored in the stock price.
THose buying are hoping for one deal. Just one deal with a name. If it happens, a multibagger is a given. If a bunch happen, you have a potential retirement here....
I elect to hold and add when I can....
Remember what type of stock you are dealing with...a subpenny. One that the market has already said is basically FRAUDULENT. IF the company can execute a Ford-type deal, then the game is over.
Those who left will wish they were patient. I know its VERY TOUGH to hold a subpenny when the general trend is down and you see other penny flyers and missed opportunities. Believe me I know, I'm in over .008, closer to .009 with lots of shares.
But I am risking that they can land a SINGLE deal. MULTIPLE deals make me a millionaire....
My opinion only....
AI
