Post by
stockshack on Feb 13, 2024 10:05am
They had 0 cash prior to the 670k PP on Jan 3rd
With a 50m market cap only a fool would chase it here. Good chance it will retest the low.
Comment by
stockshack on Feb 13, 2024 10:15am
With a 50m market cap only a fool would chase it here. Good chance it will retest the low. They've never made a dime on the bottom line to date and they never will.
Comment by
westshore on Feb 13, 2024 1:28pm
That is always the question-a valid point. These things can take time- This has had a good punch higher from the bottom- But it -also spliked to 1.43 in DEC- If your investing versus trading-best to accumulate daily when its Volatile like this.Dollar cost averaging is wise. Big one-time bets can be risky @ this level. GLTA
Comment by
stockshack on Feb 14, 2024 10:03am
Too funny, 73m market cap for a company that's worth 0 on paper.
Comment by
westshore on Feb 14, 2024 6:27pm
These small micro-cap stocks don't trade on the cash on their balance sheet.They trade ahead on whats coming-Goodwill-technology-patents- projected cash flow-growth - experience etc.All in the distant and near future.So to sum it up-your bidding on future possibities. The sector they are in -is a growth sector. Happy trading/investing! GLTA happy valentines all-