Post by
Golden100 on Nov 06, 2023 10:57am
Just my opinion
There has been a lot of unrest due to stagnation of the SP. I get it. I am frustrated too. Speculation is we are being manipulated and i have to agree! But by who and why? Is it our competition playing games to keep us off balance to make themselves look more viable or is someone eyeing us for a possible takeover? Even a takeover would at least double our current SP. So what do we do? For us longs that are still a far ways from break even, we are like dear in the headlights. Do you sell and cut your losses or buy more to average down. For me the loss would be too great to sell so I hold on. Others talk about legal action through lawyers or SEC. Keep in mind that if we go in that direction confidence will be destroyed with new investors and the stock price will take even more of a hit. I still have confidence with our existing management and our current trajectory and potential to grow. Each to his own but I believe Evans is leading us in the right direction as he has professed his commitment to integrity and honesty with both clients and investors. We still have catalysts on the horizon such as DHS, and more contracts to be announced ( as stated by Evans and to be discussed at an investor fireside meeting in the near future). I just don't see any benefit to rocking the boat at this point with more positives on the horizon. Why jeopardize that. Stay calm and wait for this to take wings. We have to be so close. As a reminder just look at some of the amazing accomplishments such as the Sphere, Disney Jaoan, other international contracts, schools hospitals, government facilities, arenas, auto manufacturers MSG OVG and DHS on the horizon. It won't stop there. Jumping the gun with legal action before allowing things to come to fruition is fool hardy and reckless. Take a pill and and let things happen. I believe it will but there again that is just my honest opinion.
Comment by
Nightstocker on Nov 06, 2023 1:52pm
Many valid points here. One thing I'd add- I will expect Evans and Herfst to be buying up a lot of shares on their own dime with all that new cheddar
Comment by
Baxbax on Nov 07, 2023 4:21pm
Dhs being piece of paper. Lets say they announce we wont get it, the value of company drops significantly. Its rather an obstacle for investors not to join. When its cleared I cant anything else than sales and sales. They have proven to be able to make some revenue without but too risky from big investors point of view. Day traders go wild when theres no cat in charge.
Comment by
Baxbax on Nov 07, 2023 4:16pm
We seriously need that kinda ride. Peter once had this plan for a 1 NR/week. Now only thinking reasons why deviating from that. 2 NRs a week is a rocket ride pace.
Comment by
notacasino on Nov 07, 2023 4:50pm
Regarding the day traders, there sure is not a whole lot of volume of trades. Today on the TSX, there was a whopping 27,000 shares traded. If I were a day trader, I would not be wasting my time on a low volume stock that only moves a couple of pennies either way. I have been invested in this company for 7 years, and nobody would like to see the share price rise more than me.