Replies to post #8326 on Simply Inc. (SIMPQ)

[roxandbonz]

I don't think it will hit the 200 day moving average. It will skyrocket in a couple of days and never look at the 200 ever again. LOL, I gotta be looking on the bright side.
FWIW, News(earnings Report) will drive this up or down. Charts will mean nothing if the earnings are huge or a bust.
I go back to the loan they took out. It had to be to get more product to sell. There is no way they could have burned through their reserves and were "Just out of money". Only the SENATE would be capable of doing that.
So with the reserves they had and the loan money they will get many more tablets and phones to sell.
The question will be as to the creativity of accounting . Who knows the terms of these new ARs and APs?