OTCQX:BUSXF - Post by User
Comment by
graduallygetthron Jan 13, 2021 10:23pm
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Post# 32291568
RE:RE:RE:RE:BUS is part of the pumping up game
RE:RE:RE:RE:BUS is part of the pumping up gameThe company doesn't have sales, it doesn't have pending sales, the sales from 2 years ago is what the CEO hopes will make a great quarter, and if you read on other boards there is total misinformation. People are claiming that BUS has orders for 90 buses in the U.S. The same people are spouting claims of weekly orders.
It's this sort of b.s. that keeps me on the sidelines. Again, this isn't investing, it's gambling. Once they have secured sufficient sales contracts then the company will become an investment, but to buy now is to sustain a fantasy. GPV is not comparable b/c it's in a make or break situation of its own.
It's herd mentality that's pushing the stock higher, which works for some, but not me. Had I bought near the low I'd be gladly going along for the ride, but I think anyone who puts money in now is careless. I don't buy into hope and enthusiasm. I know it drives stocks, but it's not investing.