OTCPK:SPLID - Post by User
Comment by
MarkDRichardson Oct 12, 2018 12:36pm
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Post# 28789193
RE:RE:RE:Lots of recent good news, sector running...no volume
RE:RE:RE:Lots of recent good news, sector running...no volumeI disagree. People are cautious becuase of the heart monitor this stock went on last December. They're waiting to see what the actual earning are. People don't want to get burnt and I'm sure there are many people who are either riding losses or accepted big losses when they bought at $.50 to $1.20. There is a good reason for people to be shy. The company actually froze their shares recently following a leaked news release to prevent another quick run and fall.
I was not aware of the warrants but that is no guarantee of the price going down. And if it does dip next week into the $.20s, that's not to say that it will last. We've been holding between $.30 and $.35 for a long while. I'm hesitant to say it's our current floor but I've come to expect it. Anyways, doesn't upset the projected respectable jump after the quarterlies are released, which I believe will increase confidence.
If the company actually turns a profit in mid 2019, it'll be the first company in the entire sector to do so, that should cause a frenzy ... a mad frenzy.
The
Diogenes1 wrote: Or it shows EAT has spent all their money and will need to do yet another share offering, while increasing their net loss. 20s are a lot more likely than 40s, especially with the 6.5 cent warrants expiring next week.