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Think1st

01/01/24 11:05 AM

#49421 RE: janetcanada #49420

Its shocking ..however I have come to the conclusion.
Lots of these penny stocks are only businesses to get salaries
That's why they have no issue at all to buy a fully debt ridden business, and just go for years spending all their time negotiating with lenders ,juggling credit card debt ,collect salaries and have nice life, while investors are investing their money ,
that the co will grow revenue and stock price..not so.
In grst ...its a good business that makes only a set income with beds, with set expenses. Ok they treat some more out patients and get more income, however it can't overcome the debt nor generate 10 times their current income, if they had covid clear a sellable product.then it can go worldwide ok then it has potential, however. That's my new years reality rant.
Stuck in the 0.0004 -0.0006range