GREY:SIXWF - Post by User
Comment by
throwaway11on Oct 06, 2021 1:38pm
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Post# 33974226
RE:RE:Pressure pushing price down
RE:RE:Pressure pushing price downIMO a lot of small cap companies and their most loyal shareholders right now are being forced to eat crow right now because frankly the management of these companies fail to be upfront and above board with them.
They make grandiose promises and revenue projections and when they fail to meet milestones or seemingly get anything done by months or in some cases years. This is St. Georges Eco Mining. This is Willow Biosciences. This is HPQ Silicon. And so on.
Of course the management of many of these small cap companies can and occasionally still dilute their shareholders even further to get their golden parachutes, boats and nice vacations anyway... Retail, as usual, are left holding the bag.
Not a fun story but I'm seeing it a LOT over the small cap markets right now. And I think if enough people get disillusioned en masse we will see microcap and small cap markets completely crash because the buying becomes very thin, then you have people bailing and starting stop loss avalanches.