CSE:PLNT.X - Post by User
Post by
billysimzon Feb 04, 2020 5:56pm
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Post# 30642550
Insider Selling
Insider SellingThey appointed a lawyer to look after their patents!!! Woooohoooo!
Too bad a lawyer appointment will have zero impact on their bottom line. In fact, it likely just means more share dilution and greater losses. The CEO continues to sell more shares. CEO just sold ANOTHER 60,000 shares filed on Feb 3rd as seen here:
https://www.canadianinsider.com/node/7?menu_tickersearch=BOSS+%7C+The+Yield+Growth The company seems to really be trying to pump out these news releases which have no meaningful content. None of the releases show any value being added to the bottom line and the company's CEO just keeps selling shares. Not much faith perhaps?
To those investors cheering about buying into the stock at 29 cents, have you read the financial statements? Day trading this stock could make you a few bucks, but purchasing for any other reason than day trading is a big risk. The impact of all of these "news" release pump-outs is having no impact on the share price because the "jig is up" on this company. Anybody who reads the financial statements realizes this company has no value.