TSXV:TEK.RT - Post by User
Comment by
WatchLearnEarnon Aug 23, 2017 2:48am
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Post# 26610920
RE:My biggest loss ever was here
RE:My biggest loss ever was hereTekmodo was only acquired by Carbon One and began trading since October 2016, not even a year ago. If you bought and sold prior to the RS or have been selling (and whining constantly about it) while we wait for end of Aug financials, you're just impatient. Go day-trade pot stocks or something.
Not even giving the company a year to make the acquisition and manufacturing transition, incorporating Carbon One's cutting-edge technology with Tekmodo's manufacturing processes and RV, bus and commercial vehicle industry connections is simply short-sighted.
In their Oct 2016 update after the acquisition, TEK stated they sell their then current product line to over 40 manufacturers, three of which account for over 85% of the RV market. So the full market share of the 40+ manufacturers is probably more like >90% of the RV market. Who knows how that has increased in the last year?
The upcoming financials are extremely important but there's really no downside to holding. I just can't understand how anyone who invested during the rights offering would be selling right now. It doesn't make sense, unless your investment strategy is to give money away?
You people whining about your self-imposed "losses" are ridiculous and this "MoneyTeam" character is just trying to get you to subscribe to his Twitter feed. Idiot didn't lose $50k on TEK and if he did, then he deserves to lose $150k more for being an impatient moron.