Just because institutions have bought shares in a NASDAQ company doesn’t mean that company knows what they are doing. Those shares may have been purchased from the initial offering based on the “plan” the company had in the prospectus, and they may have made a bad investment.
That “plan” is all that matters, none of these fluffy PR’s and speculation about how this little company is going to save the world from nuclear power plants (an earlier post) will move the needle. Steady, documented progress, growth, is more valuable on NASDAQ than rhetoric about how they’re going to make the big time one day.
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