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cadillacdave

01/18/24 12:53 PM

#45961 RE: cinnamonpee #45960

This is a very illiquid stock. Not sure one could pick purchase $20k right now. Like you smartly said, "don't expect anything". If someone has $3k-$5k, to gamble with, it may be worth a shot.

If you can scoop up about 1 million shares at $5K, and buyers likely already have shares, which is why they are here in the first place, it could turn around a losing stock into a small win if something positive develops.

op1

01/18/24 12:56 PM

#45962 RE: cinnamonpee #45960

Yes
You know the downside is only 20k
Lots of profits booked with the mkts near all time high
It’s a bet on a company that has no assets but betting on a company that
is still sec compliant (which has some value)
If that ends it’s a sell