Replies to post #26690 on Strake Inc (SRKE)

[Sandera]

agreed.. we are undervalued enough here, for any substantial downside pressure to continue.. kinda risky for any players long or shorts to gamble with position at these levels hoping for a 001 /002 profit swing when news and fins can hit any moment..

consolidation at these levels, is only going to tighten the techs.. already coiled and ready to burst through that low resistance.. btw next level or resistance came down @ 0.023 now.. easy break through.. support is right about at this current levels..

good times to accumulate or just hold.. selling out right is foolish, unless one want to exit this play altogether.. than no comments.. everyone to their own decisions.

this sector is a defensive sector.. it means it outperforms the markets during contraction or down times.. staples

If one consider a possible economic impact of corona virus on the global economy and prepares for a recession?.. that means market contraction loss of jobs and all else >>> perfect storm for MLM's to thrive as supplemental income opportunities created by the displaced workforce.



I like older articles that already proved their worth in time.. just pull a 20 years chart on $NUS or $MED or any other public mlm.. that went through the 2006/2008 market crash.. it was a brief buy opportunity that led to Higher highs on an overall ascending slope

But if you're serious about your network marketing business, then, believe it or not, a recession could be the best thing that's happened to you in a while. Shaky economic times have historically produced a renewed awareness of the need to make more money. You'll find people who were previously uninterested in your business are suddenly looking for new financial opportunities.
https://www.entrepreneur.com/article/56404

staples.. growth are correlated aka indexed to population global growth .. more people more products more consumption more $$ more opportunity, and the growth can't be stopped be temporarily business interruption because they are day to day NEEDS.. and the field of Health and wellness become more so an imperative NEED these days.. when overall immune system needs to be strengthened...


Same thesis applies to all market indexes.. any correction on the downside is just an opportunity to buy dips.. as you cannot contract global economic growth.. maybe some sectors are dying (coal, US farming/milk) while other sectors are emerging (renewable energy, ev's blockchain/cryptos) .. but the slope is going to be ascending.. forever.. unless somebody kills us all.. lol

vitx

[marknet]

Agreed. Seems like majority of OTC is in a downward cycle. A few runners here and there but seems like MM's beating everything they can down to a bloody pulp. CDEL been one of the worst ones on my positions. But don't follow that much here because I don't plan on selling any here until dollar plus. $VITX