RE:RE:RE:Watchme/johnale & methodThe barking from the basement is just the usual noise joh, bullshite and nonsense...there is nothing changed with this company, it is growing product shelved across the country and supporting the SP, not trying to move it anywhere at this time. This sector is on it's knees and the overall economy is there as well.... today mainly due to the covid spike which is the result of increased testing, where positive results = 'cases' for the media to insight even with a small fraction of those tested even showing any symptoms at all. This will change, both sides of the 49th, after US election is decided.
MMCap is saying the same thing, selling at these levels is like throwing the baby out with the bath water or they would be selling or gone by now...they will move the SP north when the time is right both internally and when the markets settle down post election and the insane manipulation and misinformation.
The lowlife should focus on saving MMCap with the position they picked up of late in this forever 'failed and failing' company...i think they should get their best and brightest, the ones that don't stink and have a clean, or close to it, diaper and go right down to MMCap offices and just save, save them all.
A green close today?....FIRE is a steal at these prices for those that do their DD. JMHO...Opt
johnale wrote: ya it's a tough sell for sure - and no one is biting right now according to Craig - there in lies the issue and it's not an operational thing.
that's why I implored that they need to get retail on-side again. A little promotion, even though it's not their MO - and get some momentum.
get back in the etf and go from there,
MMcap seems to be going long here. Not selling a share, and their average is up there.
they are in constant conversation and are being updated regularly - now that they filed and revealed their position.
they have a pretty vested interest to see this rise. Craig thinks their average is about .50 cents.
there is no liquidity for their position now without supreme becoming very successful -
they seem to have liquidated other positions, like in zena. So there is an appetite to hold here.
For what it's worth
bever64 wrote: But who the hell wants to buy a .12-.15c stock with 480m shares outstanding? How do you justify that as a fund manager?? The only way they are gonna attract institutional investors is by bending over and taking one for the team..for example , find a funder ...rollback 10-1 , 48m shares new float...then issue for example 52m new shares @ a bad price (say .50c) raise 25m dollars and voila you have a company well funded and with only 100m shares outstanding. Sh t like that i would be scared of.
bever64 wrote: Good to hear all your arguments..i will say you are the only 3 i really pay attention too. Watchme your "expose" on how hard it is too actually make money in this regulated-competitive environment is bang on however i do believe you fail to give proper value to supreme facility and nationwide sales network & brand. Now johnale they dont "need money" but seems like the entire industry is erroring on caution and bringing in money anyways. Maybe a financing is tied to a consolidation/new investor? Who knows i just dont like the tape and understand it cuz if someone put a gun to.my head and said buy or sell i would buy here