RE:Whao!! Awareness took time With all due respect, FV, very few, at least on Stockhouse, are as pessimistic as you. Your inability to understand the different exchanges is also shining through.
The TSX (senior Exchange) is at an all time high. The junior exchanges, both the CSE and TSXV are mere weeks away from YTD lows. The TSXV reached its highest level in 2012. Its lowest was in March of last year ....the same time many stocks, mutual funds and ETFs reached their two year lows.
The problem is when you and others spout these broad claims without basis (in some cases repeatedly) you lose any and all credibility. There is nothing wrong with and you have every right to an opinion ....but there need to be some facts to back it up.
As for "cheerleaders", I don't believe anyone one here is happy with the sp. What I do believe is that their DD sees the facts.
1. An original CEO that stretched the authenticity of testing numbers and revenue ...he's gone.
2. In spite of 1., revenues exceeding $12 million over the first two quarters.
3. Profit after only 6 months of operation.
4. A covid passport app that may very well be dubious in its origin and value ...we'll see???
5. Testing agreements signed and forecasts updated (DM) that indicate positive revenue for SCRN.
6. A sp that is brutal and doesn't meet analysts expectations ....and is being manipulated, imho.
There is nothing wrong with expressing and there is evidence that suggests, pessimism is a legitimate outcome. Outside of the sp, I'm not ready to succumb to that.
Cheers!!!
FordVictoria wrote:
But finally more and more investors are realizing what I said many months ago and I bailed my investment 300% over the current SP, still some cheerleaders believing this company is he best thing after sliced bread was invented. I wonder how those accounts looks like?.
It is hard to understand people defending management when this company all have done is drop like a rock when market is at all time high!!!. I have some shares waiting for a pop but hell no, it does not happen and I thought .025 was kind of safe bet.
I will keep watching the show from the side lines.
FV.