Does this stock have any chance of recovering? Of course, not. I have to be honest; you are a bit of an enigma. I am all in for having a positive outlook, and I certainly can understand opposing points of view. I can even wrap my head around how some of you see value in showering the Meatball with praise; I really do get it. Take the high road, right?
Has the Meatball done anything in the past five years or more to warrant praise? Has he been straight with the investors? Has he shown any remorse for the constant distortions of the truth? Has he delivered on one meaningful promise?
The only thing this Meatball has done, and effectively I might add, was to dangle multiple carrots here and there and only for the purpose of luring in some sorry investor who hasn't been paying attention or won't do the homework. There are still some knuckleheads here that believe this is a crypto stock. And believe me, this is exactly what Meatball wants you to believe. So, let's be clear- This company has morphed into a small-time voting platform that uses crypto technology and some proprietary software that incentivizes Unions, schools, and other small to mid-size institutions to use their product. It works well enough that Meatball and his band of board members can make a reasonable living. At no time was this company intended to make money for the investor. Every penny earned is distributed in the form of salary, dividends, bonuses, expenses, etc. These monies do not go back into expanding the company—only the bare minimum to keep the regulators off their backs.
So, praise and defend the Meatball until you turn blue in the face, but your efforts will be wasted.
At least I am getting some degree of enjoyment because I can call this scam artist out for what he is - A Meatball. I know my investment is worthless, but while this horse's ass still makes a living off our backs, I will continue to let him know what I think of him. I am thrilled to see the stock trading a couple of dollars a day. It means he cannot dip his selfish, greedy hands into the pot. Don't sell your shares, don't trade them either. After all, they are and will always be worthless, but at least we close one door of opportunity on a guy that has NOT earned the right to continue to benefit from our ignorance.
Stop the trades and start the conversation. Does the Meatball want to come to the table? I don't think so, but it is the only chance we have.