GREY:IVITF - Post by User
Comment by
CommodityCowboyon Oct 29, 2019 10:56pm
259 Views
Post# 30284695
RE:Still on side lines
RE:Still on side lines That's the million dollar question isn't it? I can tell you I bought in early and missed out on the other LP pops over the last couple years thinking this company had so much potential, (pre Gene Simmons). I can also tell you I've bought in big at 20 cents weighing the information in front of me objectively with the turn around, (there's no better recipe for success at bottom than giving the executive over to major bag holder business men like Dixon and Ripa). I expected a shoe to fall at some point, but I didn't expect that much off the old ABG deal. I perceive them to be cutting liabilities as opposed to assets for future growth while cutting operational costs. Same time, we do need a windfall like phase III license amendment to pop this a bit. I've had pretty big balls on this one, but yours are far bigger than mine if you're willing to buy below 12 cents. That means your'e banking on Q3 results in the 11th hour during tax loss season prior to having to pay a couple million this company might not have going into the new year...