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SponsorsOne Brands Inc SPONF

SponsorsOne Brands Inc. is engaged in brand creation and digital marketing through influencer marketing, storytelling, and digital commerce with the SponsorCoin platform and its smart contract-based digital currency. SponsorCoin allows brands to build and manage exclusive and highly engaged communities of salespeople and marketers within the social realm. The SponsorCoin platform provides data-driven marketing campaigns that change how brands connect with their customers. SponsorCoin is a tool for brands to make real movements around their products and services. The Company’s subsidiaries include S1 Brands Inc., Premier Beverage Consortium Inc., and HS Brands Inc. S1 Brands Inc., builds wholesale/retail distribution channels for its internal brands, acting as a master distributor. Premier Beverage Consortium Inc. provides a ready to drink product called Doc Wylder's. HS Brands Inc. provides multiple premium products, such as Primero Hemp Smokes and Suede Hemp Smokes.


GREY:SPONF - Post by User

Comment by Youwakeupon May 23, 2021 2:16am
147 Views
Post# 33254929

RE:RE:RE:RE:RE:Too many little day traders

RE:RE:RE:RE:RE:Too many little day tradersYou know, paracelcius, 13 years before I bought some uranium stocks for 3c. They were fluctuating between 2.5 and 3 cents. Nobody wanted them to buy, and some of the monthes the trades were idle. I've been upset and thinking to dump them. But one day on Monday the price suddenly went up to 24c. There was no signs for the demand of those stocks, just some news before the market opening. On that day the demand had unexpectidly grown, and a lot of investors spent their money to have the shares. In a week the price rapidly fell down. I was lucky to make a profit, but then I decided that there is no such a thing like a Demand and Supply theory, it's an illusion that helps market manipulators to grab the investors money. In the SPO case - millons of shares were traded every day, and according to the "theory" the price would have gone up, but we've seen a down trend. So, it prooves only one thing that I'm right. In average, 95% of investors are loosing their hard earned money, trillions of dollars are circling around the market every day. If you're lucky enough one day you'll get your profit, and as it usually happens on another day you might say it: *Good Bye!* So, SPO seems to be a good company, we've seen a lot of good news, and their financials were pretty promising, a demand is still high, but it's traded at 3 c, and there's no sign of moving up. You might say the cause of that is 1 billion of outstanding shares, and you'll be right, the supply overeweighs demand. There're only two ways to increase the price value: a share consolidation, that is not favoriable for investors, and the company shares buyback. But the company doesn't want to do it for its own money. That's why one day the price runs up and after rapidly runs down. Now you can answer yourself which money is used to pay for the latter way to make it. So, I'm waiting for that moment, and so you are, paracelcius, I think. GLTA.
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