OTCPK:MEDVF - Post by User
Post by
trenton55on Mar 18, 2021 12:47pm
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Post# 32826570
People can't handle delayed gratification
People can't handle delayed gratificationCompany is still undervalued currently sitting at a 30 mil market cap lol
People want instant results for a company that only recently became predominantly medical. Financials haven't even been released for this new medical company yet. The foundation basically began producing revenue in Q4 and started picking up this Q1. Everyone is panicking and ignoring the fact this company is fresh and barely established. They seem to be working fast to build a future for it. We know it's undervalued but there's no concrete financial report indicating that, which is the first thing a lot of people look for before they even consider investing.
The panic selling is mostly from newbie retail investors because this stock was pumped up on reddit around GME phase 1. Lots of noobs bought in and that resulted in a panic sell domino effect when they realized they won't get instantly rich like some people did off GME. We live in a world of instant gratification.