RE:Pre-market : No activitytheTransporter wrote: Seems to be another regular trading day of no movement.
We'll see how the bids build as we get towards open, but so far it seems the market doesnn't care for Q1 nor this company.
I sure hope I'm wrong this time.
its not a great q regardless of what the bulls say. Sideways rec sales. Apparently Humble and Fume hasnt worked out as well as bulls thought. Shaving $8mm off the cash position is brutal.
Lunch today looks like a good place to put the short pressure back on. This company may survive another year or two (as they diute shareholders to worthless equity,) But there is zero reason to invest in this company as the only move they have available to them in these market conditions is to sell out to another LP who needs a brand with a cult following. Those come cheap though. Who would pay for the right to lose more money than they already are?