RE:RE:Watchme/johnale & method ya it's a tough sell for sure - and no one is biting right now according to Craig - there in lies the issue and it's not an operational thing.
that's why I implored that they need to get retail on-side again. A little promotion, even though it's not their MO - and get some momentum.
get back in the etf and go from there,
MMcap seems to be going long here. Not selling a share, and their average is up there.
they are in constant conversation and are being updated regularly - now that they filed and revealed their position.
they have a pretty vested interest to see this rise. Craig thinks their average is about .50 cents.
there is no liquidity for their position now without supreme becoming very successful -
they seem to have liquidated other positions, like in zena. So there is an appetite to hold here.
For what it's worth
bever64 wrote: But who the hell wants to buy a .12-.15c stock with 480m shares outstanding? How do you justify that as a fund manager?? The only way they are gonna attract institutional investors is by bending over and taking one for the team..for example , find a funder ...rollback 10-1 , 48m shares new float...then issue for example 52m new shares @ a bad price (say .50c) raise 25m dollars and voila you have a company well funded and with only 100m shares outstanding. Sh t like that i would be scared of.
bever64 wrote: Good to hear all your arguments..i will say you are the only 3 i really pay attention too. Watchme your "expose" on how hard it is too actually make money in this regulated-competitive environment is bang on however i do believe you fail to give proper value to supreme facility and nationwide sales network & brand. Now johnale they dont "need money" but seems like the entire industry is erroring on caution and bringing in money anyways. Maybe a financing is tied to a consolidation/new investor? Who knows i just dont like the tape and understand it cuz if someone put a gun to.my head and said buy or sell i would buy here