RE:RE:RE:RE:RE:RE:''Beena has much of the inhouse cleanup done ....'' I don't see any of those factors as impacting fundamentals especially after the debt restructuring.
I don't know what the financials are going to be but rec revenues seem to be going in the right direction and they seem pretty confident in hitting their EBITDA thresholds.
I think the biggest part of the overhang are the arbs who jumped into the debentures. They are still up on the trade and probably just trying to move on before earnings because they haven't done any analysis on the fundamentals.
This to shall pass.
Pedal2themetal7 wrote:
Manipulation, shorts etc etc etc that goes on with penny stocks and other stocks to a degree.
i really enjoy your and John's opinions, it's refreshing reading objective views. Been doing this for a while and try to keep it as simple as I can.
Definitely not a full time investor but I've been doing ok the last 10 years. Veered away from penny stocks some time ago due to unpredictably volatility etc but Supreme peaked my interest a few years ago and I saw some potential for a long term type investment. Some companies take 10 to 15 years to mature,,but sooner or later have to deliver.
penny stocks are easily manipulated and it makes it difficult to attract real money, instutional or serious investors and until we reach the next tier it's a very risky investment IMHO. Too many games available with penny stocks, but I think the current CEO can be successful in taking this company to the next level. IMO