RE:IF YOU OWN EAST WEST DUMP IT ITS DEAD ITS FINISHED247cashflow.......
You joined yesterday and have been all over the board saying this and that about stocks to sell. Since you just crawled out from under the rock because of the COVID-19 fear and have been deaf to the news since the end of March 2020, lets look at some of the past with this little company.
Yes this is a penny stock. Yes they have had some management turnover. Nothing new in the corporate world, management moves on.
They have cash in the bank. More than the price of the stock at this time. They have assets, New Zealand. When the deal looked weak to sell the New Zealand assets, the deal was withdrawn. Now they have Cash flow in the bank.
They have some stock in other Canadian stocks and those are showing some promise of profit. Good on them. When sold, it's Money in the Bank.
Now let's talk about blue sky. We all look at the sky and see the wonderful color blue. Do we know how deep the sky is from the ground looking up. NO But Romania is the blue sky we are looking at. Dreams are made in blue sky. like when we were kids laying on terra firma making the clouds into dreams. This is what life is......dreaming about the future.
So blue sky is what someone else is willing to look up and see how far it goes. That is risk. We all take risk everyday. Driving, working, eating, breathing. These are risks we must take. All the others are decisions that the individual takes freely. Fear-mongering is what we have lived through the last 12 months. So since you climbed out from underneath your rock, take some solace that we who faced this devil face to face and have come out on the other side will be okay.
Hey it's only money, and life is more important. If the risk is too much for you, sell and move on. Life is too short to live in such fear of losing your manna. Sell and sleep well tonight. God bless