Replies to post #6131 on Greenlite Ventures Inc (GRNL)

[rubicon_jones]

Back in 2020 when interest rates were zero and money was flowing into the market and newbies were trading trips it got them in the mindset of “if it goes from .0002 to .0004 I double my money.”

There was enough money to move these pigs and many people made huge bank.

Then they forgot they have to pay taxes on that, interest rates have gone up and inflation has made money worth less so the funds flow got significantly lower. No longer easy money.

People haven’t adapted to now look for quality instead of plays you can move with shear volume.

The accumulation on this is huge and not much hitting it due to Share structure and the fact that they have brought quality companies into the shell.

I got another stock that merged in at .02 had $7 mil in rev. and went up to .80. Now it shows $12 mil revs and trading back at $.02. Crazy.

But I like these stocks that no one looks at especially when they partner with a $200 mil rev marketing firm Brandstar. Eventually the cream rises to the top.

Great meeting you Munch

[rubicon_jones]

Yea triple merger sounded good and created tons of buzz but Sergio never keeps his word.