Post by
ridingrockets on Feb 26, 2021 10:27am
fire:ct is on solid ground
House you are a fool of a took - get some help. I joined stockhouse only to post on fire:ct because people like you keep attempting to pass off BS. Too many people are getting caught up in the retail investor craze and I am aware of the mental health issues that can come with huge losses. Summerhill subway station FYI has the highest amount of suicides. Summerhill! That is North Rosedale for those that are unaware.... The primary reason: Finances. Me I do not try to pump stocks on BS, if I come off like I am it is on merit that I believe in, merit that I will INVEST on. Nor do I try to tell people what to do. I am happy to provide my honest opinion. SUGR is a pure speculative play imho.Buying a stock for .065 cents and selling for .075 will make you a high % return. GOOD LUCK. This is how people fail trading.... SUGR It is the perfect penny stock storm. WHO KNOWS?!? If someone says they do they are full of it.... FIRE:CT is in a completely different spot. So House how about you take your cr@p to wallstreetbets or something? Go find people that want to speculate not invest.
Comment by
541house on Feb 26, 2021 10:36am
Ok Riding, let's talk FIRE , why has this stock sat at pennies for this long, it's a great company but why is it held down! Tell me your opinion and then I will tell you mine
Comment by
StayInvested on Feb 26, 2021 10:41am
Because MMCap and a few other smaller holders are executing a convertible arbitrage play. That's it, simply put. Trade beside them, not against them.
Comment by
VK400S on Feb 26, 2021 11:10am
What are the possible solutions to stop that? Volume? Pay them off and buy back their share? Other deals with bigger players that won't screw us over? Interested to hear everyone's opinion on this. Maybe one of them would fall in line with Beena's actions.
Comment by
541house on Feb 26, 2021 11:26am
Vk it will pass be patient! What would be the point to buy back shares? You would use up all the cash you raised! Longs got screwed unless veena does wonders with the cash
Comment by
StayInvested on Feb 26, 2021 11:55am
Sorry, how did they get screwed? Dilution is the drum you are banging on I assume?
Comment by
541house on Feb 26, 2021 12:33pm
How do you feel about dilution? The pie you own just got cut up into smaller pieces because more people are at the table! That's how reality works sorry but true!!
Comment by
OptGreen on Feb 26, 2021 12:53pm
Definately barking mad there 541, or maybe it just a food fight in the basement and one of the colleagues scammed most of the pie...pure genius, slice the rest in smaller peices. Definately reality in motion. JMHO
Comment by
541house on Feb 26, 2021 1:11pm
Opt dont worry if fire runs out of money they will print some more shares and add a warrant for the same price of the ones you own!! Lol!! Fire will never run out of money!!
Comment by
gcap1 on Feb 26, 2021 10:50am
entire market is being dragged down .....gotta be very patient...an upside move is coming in the next couple of weeks