RE:RE:Let's make a predictionNothing you have said is incorrect. i agree, revenue and a product to sell are pretty important. But that's not what these guys are doing.
and its odd you have both Shares...? why would you buy this stock if it doesnt have any intristic value? obvioulsy you too see the upside potetntial, however minimal it might be and want to profit from it.
That's the same reason i have both share too. i dont expect this to be a 300 stock, but there is enough upside potential for me to pocket some good money, so why not.
BuyorSell77 wrote: Reality will always rule and you have to start to deal with it and begin to understand that a stock will go up or down on its own merits ... and not what is "implied " or "pumped" on the bullboards.
If you go onto "SEDAR" and check out EATS and VERY's financials you will see that "VERY" actually has "revenue " coming in and an actual operating business where she sells her products and is expanding her business as "demand " for her products soar which of course is why her share price is where it is.
Now on the other hand if you look at EATS financials you will see that ( at least so far ) she has no revenue coming in at all ... because she does not have a business with products that she can sell to create "revenue".
What she has done is invested a little money into different companies ( including "VERY" ) ... although I have more money invested in VERY than EATS does ... LOL !!!
This does not mean that the "Insiders / market-makers " cannot "push " her up a little more .... but she can fall lower just as easily .
They will try and "push " her and then try and "hold " her at a certain price and then will announce a financing at a lower price as financings are always done . She needs money (as seen in her financials ) so needs to do a financing in order to "invest " in actual "operating companies" which have products to sell so as to have revenue coming in ... as she has no "products " at all of her own .
"Most " understand this and all you have to do is go onto SEDAR and check out the latest financials. If you need help please let me know and I will copy and paste EATS financials to help you understand . EATS will never be a VERY ... but nice try . CanadianKia - (12/11/2020 4:09:12 PM) Let's make a prediction next week, the price will move up throughout the week up to 3-4 dollars on some half a** news and then again drop 40-50% as people cash in.
Rinse and repeat 2-3 times until we are at a point where VERY is.