Post by
Wynjoe on Aug 01, 2019 8:46pm
Richy rich is right,however----
Things have to align.ng prices must stabilize and/or rise,production levels must be met,expenses kept under control and remember this also,trading volume is low,and while the bids are dropping ,there's not a lot of sellers either.When this pops,(and it will),s/p can catapult,longs will buy in just as shorts must cover.The day is coming!!!!!
Comment by
RichyRich$ on Aug 07, 2019 9:10pm
Exactly... Newfy doesn't realize that. I ain't worried on iota buying at $1.00. I added more under a buck too. I'm expecting $6.00. So my $1.00 buy in is pretty good then ehh. NEWFY. I'm going long and don't expect to catch bottom exactly for a stock with realistic potential for 10 X Gain!
Comment by
NewfNewf on Aug 07, 2019 9:49pm
I hope you are right Richy and you make lots of cash on this one. I have never owned this stock but just hate when i see so many investors that lost a tonne of money due to management, unrealistic expectations and pumpers like bow tie guy on bnn. If i can buy this and flip it for a quick steak dinner and a good bottle of wine, thats about the amount of time i will hold this. That said. Good luck!
Comment by
An1588er on Aug 07, 2019 11:16pm
This could be the inflection point. I can't see the SP go much lower, especially given this report. While the recapitalization transaction was nasty, especially for existing shareholders, those that have been able to buy after the transaction will do well. Down to $0.05 pre consolidation. I will add to my position up to $1.