TSXV:MCLD.H - Post by User
Comment by
KBizz1on Aug 24, 2020 11:08am
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Post# 31445565
RE:Due Diligence
RE:Due DiligenceApparently it is easier to convince people to unload their shares at a loss than to convince them that patience will pay off. Stock down almost 10% and no news whatsoever; all you have to do is write an emotionally charged post on here and promote another stock (that you presumeably own) and people panic!
"Drunken sailors", "cash-bleeding ship" - these are emotionally charged descriptors that fit the anatomy of a basher post...albiet, pirate-themed...clever.
I still hold the high level view that connected devices = revenue generation. The rate of pace here is respectable with >51,000 existing connections and loads of more potential. I expect lots more online in 3Q.
To keep with the theme, I don't deny that the next 18-24 months will require navigation through some rough seas but as they say, "smooth water made n'er a skilled sailor"!
Keep calm:)