RE:Warning signsYeah, dropping below 50 cents confirms my suspicions. It's very frustrating that these stocks are little more than vehicles for insiders or connected people.
Add this into the mix. With Biden raising capital gains tax - and Trudeau likely to follow suit in spite of saying no - it makes the stock market all but useless for a retail investor. We already suffer from juniors being largely pump-and-dump schemes and now there will be no financial incentive for anyone to invest in a genuine company because the government will skim most of your gains to fuel the latest spending orgy.