Joking? MMTE's current PPS is not reflective of the companies actual value. PPS of most stocks, especially pennies, is rather a perception of the value of a company based on each stockholder's (or potential stockholder's) personal experience. For instance emotions cause traders or investors to base there perspective on what the PPS of a company did after they bought in or what the PPS did from the time they were made aware of it. If it goes up from that time it is wonderful, to da moon, a real company... If it goes down then it is a POC, a P&D, a scam, a stock printing machine... Both perspectives are wrong and based on pride. Emotions have no place in DD. DD is for thinking, calculating, analyzing, even hypothesizing we could sum that up by calling it a risk vs reward scenario.
Emotion based analysis is as right or wrong as the flip of a coin. Emotionless analysis is based on real DD. Could DD "facts" be faked? sure and some go to jail because of that. Is Mr. Lieberman faking facts? no. Any one of us can put the pieces of the puzzle together and the picture is looking like a financially successful outcome. Yet PPS is a lagging indicator in penny land. As we climb the PPS ladder, sentiment will change and positivity will convert emotionally distraught holders. YES the right news turns the ladder into an elevator. GO MMTE
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