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Rolltide19

12/03/19 10:32 AM

#127485 RE: SurgeGuy2.0 #127481

Missing a lot. Do some DD or go over to the shrimp board. They still have a higher market cap and 0 revenue. After you white knight their fundamentals come back here and give us a report.
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shotsky

12/03/19 12:48 PM

#127524 RE: SurgeGuy2.0 #127481

It is the OTC - it doesn't work like big boards. None of the financial issues normally evaluated for big boards count here. Fins are a starting point, but it's more about the business plan and its viability than anything else. The more believable the business plan, the more people will be willing to pay for the stock.
Verus is in the business of borrowing money to buy goods, shipping the goods to where they are wanted, getting paid and repeating that cycle, over and over. A little money is made each time, but not enough, apparently, to cover the expenses, thus the ongoing loans. The 'growing organically' implies buying smaller companies to enable more goods to be processed, like the ice cream business. But it costs money (or shares) to buy these companies, so it takes time for the 'payoff' to arrive.
Regardless of the rosy business plan, and projections, unless the fundamentals improve, the stock will go nowhere.
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DVok731

12/03/19 2:19 PM

#127539 RE: SurgeGuy2.0 #127481

Why is Tesla trading at $336/share when they're at an operating net loss of $1B TTM? Dumb question.
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Tooltimegrunt

04/24/20 10:40 AM

#151494 RE: SurgeGuy2.0 #127481

Its a growth stock