No predictions on short term pps, everyone is free to trade action in any stock, ups and downs. Even encouraged to some extent in the OTC world, while building a core. I look for the company long term, the vision, how it is tracking against it etc. That is measured in years. I've given plently of posts regarding all sorts of topics on valuting growth companies, that OTC is always a higher risk category, here is why FUNN reduces risk overall as a company WITHIN the world of higher risk investing. Also posted on investing is always a personal risk tolerance profile, but money for the OTC investing should represent only a portion of their portfolio. When I see a claim on how a general investor lost their shirt / went broke / etc anywhere on any given stock in the OTC and, that is a MUCH greater statement on that investor than any singular company.
FUNN is clearly continuing on and easy to see the due diligence that it just keeps on growing and scaling through the years, deftying the bullshit rhetoric negative claims for years now. Yes, the pps is currently down, yes there is a black swam event reasons for that. (On top of the OTC framework which I have posted about) However more important to me is, there is even more evidence FUNN will continue through it, reopen and continue back on the growth and scale mission and thrive. Possibely even getting some sweet least or conversion deals.
So short term, cant say, though we certainly stablized, bottomed out like the rest of the market and nore seeing the moves trending back up. Since there was a ton of action in this bottom out area, there will most certainly be some churn while the folks who trade in and out do their thing. In the end though, will continue north as the company continues to ramp back up and the lines get long again.
Happy to pick up shares when it is this ridiculously low.
Tucson coming as well, pretty nice
Thrive
$FUNN