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Siyata Mobile Inc SYTA

Alternate Symbol(s):  SYTAW

Siyata Mobile Inc is engaged in the sale of vehicle mounted, cellular-based communications platforms over advanced 4G mobile networks. The company offers rugged phones for industrial users and signal boosters for homes, buildings, and fleets with poor cell coverage. It acts as a developer and provider of cellular communications systems for enterprise customers, specializing in connected vehicle products for professional fleets, marketed under the Uniden Cellular brand. The company serves cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the U.S., Europe, Australia, and the Middle East. The majority of the company's revenue comes from Israel.


NDAQ:SYTA - Post by User

Comment by ARIMA11on May 13, 2020 3:24pm
143 Views
Post# 31023989

RE:RE:"Be Patient" = a stock scam's battlecry

RE:RE:"Be Patient" = a stock scam's battlecryRemember that we're minoes here and the big fish control the price. Market is not always right even if it want you think that it is. Also, you got large players that want to exit and often do it in painful ways because the bigger the loss for them the greater the gain. All tax related.

Having said that, its absolutely frustrating to see what has happen here but the aim is often to lead to capitulation. SIM.V came to the TSXV in 2015 and the price has never been this low. 

Sure, expectations have not met the anticipated outcome. Nothing magical is happening post Carrier approval that we know of and Also UV350 is not doing as good as planned otherwise why introduce a hand held device. However, is this worth $0.115 cents?

People tolerance on this varies but that is the game, risk and reward is high and they love to pinch you when it makes the less sense possible. :D

You have made some great point Pandora and your concern are valid but we've both been here long enough to know that what's going on today is not neccessirily reflective of the reality in future. Earnings should be telling and the narrative attached to them more so.

PS. If SIM needs to raise more funds, how convenient will the low price be for brokerages?
Also worth mentioning that the shorts are high pointed by @balls on ceo.ca/sim
https://shortdata.ca/stock/SIM.V/


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