InvestorsHub Logo
icon url

urge2surge

09/04/22 4:51 PM

#76158 RE: nit2win #76157

Post the link or move onto another topic. I'll stand by my research. I'll stand by my views that lack of insider buys reflects no confidence and resolve to support the market cap. Either they're under a material event that prevents them from purchasing, the market cap is still to high, or a sham. Near the low of year with market cap approaching cash value. Zero premium for anything they've produced. Canceled conferences. Cash burn and ineffective positions. Understaffed on development. S8 share raid. Absence of licensing and JV partnership. Delayed time lines. Doesn't take much analysis to see that there's a lot of issues here. Maybe they'll clear it all up and everybody wins. From my take, they blew the real opportunity to RM when the stock was up near the year high. Barely staying above 2 cents?? A terrible joke on long shareholders, at their expense. Zero on theirs.
As for the 6 month lock up on purchased shares, that's been a standard practice on every company purchasing open market shares.