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Forever_Investing

01/18/19 1:40 PM

#28582 RE: Jidoe #28580

You see how fast it dropped after releasing news it hyped up for a week? There was almost no volume. This stock has a lot of people doubting it and management has been giving them no reason to change their mind. I think it's going much lower unless real news comes out. I still have 25% of my original investment in this and am not a basher. Some might think I am because I've been accurately critiquing this.

Paid hypemen will scream Rome isn't built in a day until they die. People could see Rome being built. After a year of hype Vate still hasn't shown anything to back that up. And yes infants move slow blah blah blah, but trading preferred shares and diluting to reduce debt is not movement, other infant stocks are moving.

I think it's best to wait.

Nobuddy

01/18/19 1:57 PM

#28585 RE: Jidoe #28580

I bought some 33s today I hope it doesn’t go lower. Volume is super low so that’s a good sign.