Steer Technologies Inc V.ARGH

Raise cash to grow business

[Assucker]

Can you think of any reason this 4 billion dollar business wouldn't do a public offering, or broker an institutional deal to raise cash to grow their business? I'm sure they could do a billion dollar offering, and expand their "great service" to every larger city in Canada.

[humanist945]

It's funny how come every morning after the weekend the paid promoters come on here first thing and start posting... STILL waiting for anyone who thinks this company is a good long-term buy to explain why at a $4b valuation today... and why that is justified?   the paid promotion and contrived buzzword press releases are going to be coming hot and heavy next few weeks as insider shares

[edwardoboo79]

not a real company buddy. They can't do raises like that because their isn't enough rookie retail investors to buy this garbage. This company survives be keep shares scarce

[Assucker]

I know, I was being facetious. It's a pump and dump. 

[SuperBitCo]

This post has been removed in accordance with Community Policy

[edwardoboo79]

haha sorry, I am not on this board often but there are a lot of people with little to no trading experience and do all of their research off of motley fool and those bs articles and are clueless about what is actually happening!

[Assucker]

I actually took a trip out to Ontario to see if this "service" had any potential, or was just a shell company. I don't even think that they tried to operate it as a business.