RE:RE:RE:RE:RE:How in the F_ _ k does this stay flat or red????wash rinse repeat. Nothing more needs to be said. Why cant you see this? Beena is here to make MMCAP money, keep the share price low and hand the keys over to APHA for pennies on the dollar. You know it. Why are you yelling at the lap top all day? Trade is like you hate it. Its a pot stock dude. One of the most hairy tickers out there.
theTransporter wrote: What are your thoughts on MMCap having participated in the recent $0.19 financing? There was no hold on trading those shares (stupid move by management), so I bet you they are already unloading those shares into the market. Outside of those recent shares, they still own about 50M shares, and upon conversion of debentures, will have an additional 120M shares. Seems like this will never end.
With $40M cash, any chance the company will (if it can) buy out the $26M debenture debt from MMCap? Seems like that would put a knife into their plan and they will silently go away for good.
Looking forward to what analysist are going to say and their price targets, but I do hope they utilize a real average multiple that is enjoyed by the sector and not conservatiely downplay the PT.
johnale wrote: Today seemed eerily planned. But given 150% run up last 5days, and the "sell the news" mentality.
but no one can deny they improved fundamentals, larger market share, revenue growth, and improved valuation that comes with it.
if you got frustrated and sold at 20 - you missed a 100% gain. Even if you were holding for a year.
I expect re-rating from analysts and increased positioning in ETFs.
rebalancing should bring more cash to this play.
You have a much wider retail audience now with eyes on this play. Run ups should be easier. People looking for entry points knowing the company is solid. Growing awareness on USA side.
I see stagnation as less of an issue going forward.
theTransporter wrote:
johnale wrote: I'm buying the dip - we'll rebound next week.
You think? Or next quarter as always?
FIRE is doing what it does best, F.UCK their shareholders. Today is a reminder why NOBODY wants to invest here as it almost gurantees a loss on investment. FIRE will now go into a dormant hybernation mode for 3 months as it erodes back down to 25c.
If the sector is enjoying a 10x on earnings valuation multiple, you bet FIRE will only have 2x. Different rules here.