GREY:BNVIF - Post by User
Post by
zerosummanon Jul 02, 2020 4:10pm
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Post# 31217753
Finally, the first smart thing they did...
Finally, the first smart thing they did......was changing their stupid name.
I bought early because I liked the idea and then sold at a nice profit because I became doubtful of their leadership and direction. After seeing some suspicious orders on the Level II before the I made sure to GTFO out of my position at the right time. The company had 120 million mkt cap when I sold my last share. No way it would stay there.
Then I saw seeing all the drama in the press through my watchlist that made me not regret the decision to sell. Didn't like that the CEO sent his wife 750k and the wimpy shareholders didn't say boo. You get what you deserve. Birds of a feather flock together, and it looked like a bunch of babies were running the show. Some of the names are still there. Good to see some non-resources linked names now.
If they can get their act together and avoid the drama that's been haunting them and their reputation, you might actually see some value in this stock once they start selling product. If they were smart would they would have pushed more online stuff during the pandemic. It's easy and scalable. Too bad that vision wasn't there. Looks like their leaders should use their own products.
In the meantime, this stock is a speculative name play. Nobody knows the CEO other than he's an ex-resources guy. Booth on board? He's a money guy with a big name and not so great reputaiton, so I hope his private and public life dont follow Cegielski the way previous associates did. Booth makes the Bridgemark boys look like altar boys. At least's he's all the experience you'd need for drugs and booze stocks if depression really kicks in.
On the bight side it looks like there's support at 20 cents. So there are plenty of shares for the hopeful among you to buy on the cheap. Good luck y'all!