Please do not give him credit. That is just laughable. I am the one who gets the credit. Just like i got the credit for the Sector 10 run today. That is 100% verifiable. I tweeted it yesterday premarket below 1 buck and it hit 12 today!!!
Cardiff Lexington is a public holding company that buys or capitalizes small-to-mid size companies though equity acquisition.
Keywords: "equity acquisition"
If they want to grow, they will continue using equity to buy companies.
It looks as though what they are attempting is, to create another Warren Buffett type company... and with the way they use shares to make deals, they probably feel that the price of their stock will eventually turn around once they accumulate enough companies.
The big question is, when will that time come? Is it soon? Is it another year or two? Is it one more deal away? Is it 5 more deals away? Is it another added billion shares on top? Will it ever turn around? Nobody knows.
What they are attempting to do with their approach is very risky, but if they can somehow pull it off, there is a chance this could run north continuously, but it's still a crap shoot, and the way they are going about trying to build up could collapse at any time if they make a mistake.
I think everyone sees the potential here and I also think everyone will get a good sense if and when things really are making that turn around the corner, if ever. I'm not so sure it's there yet.
Another equity deal or two could run the PPS one way or another.
I trust my gut. I like this stock for a bounce play only, but that could change if things start looking different.
If I ever get the gut feeling this will make that turn around the corner, I will jump in with your positive party. Can't do it yet, but I'm in here for good reason and I do see what ya all see.
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