Agreed.
The share structure of some of those other runners was similarly beneficial from our perspective. I believe both had higher A/S but not by much more.
A run to a buck on hype and news is supremely doable and entirely possible. Heck, not to pump but that's even possible THIS WEEK if news hits and momentum strikes.
But I'd agree. If we shot up that quickly it's not likely to sustain it for too long.
The difference between us and the Shrimpers (and I was there for that run too) is that they ran on momentum and news and I believe a rumor that Whole Foods was getting involved- didn't pan out.
And the price crashed back down to Earth quickly. SHMP still has potential.. but they also have a metric ton of debt and 0 revenue.
PCTL is a bit different which is what makes this stock kind of a unicorn. A rare longterm play in the OTC market. They have a lot of good things going on. An actual product that is available, revenue already being generated, and the potential for a lot, lot more. Even if "the deal" we're all waiting for doesn't wind up panning out (though I think it will)
So if we shot up to a buck or close to it- the correction might not be as swift or harsh.
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