RE:sleeping
skinner3 wrote: Are these guys sleeping at the controls
No I think we just have a bunch of pump and dumpers around here.
The shares got way over thier skis for a while on all the hype of a few people on here and announcements, and now we are back to reality. It got very quiet on the downslope, no one was telling everyone how good the future was looking then. I hope the hypers were able to get out before the 50% fall off... if not... OUCH!
I may look to re-enter as a trading play below 16 cents if it keeps going and levels off. I missed out on the short term upside when I exited as it was getting crazy, but I'm still im up about 40% on the money I was playing with in here since and still receiving a current 18% dividend for my time.
We should be getting Q4 results end of this month, I don't expect they will be that strong, maybe a mild bump from Q3 but in the grand scheme, unimpressive. Likely seeing a significant amount of more money going out than coming in... let's see if revs clears $3,000,000 as 2,687,830 was the last one. Even at that 3 they would still be almost 60% below 2020 revs of just under 8. Also to paint a picture, at 3, the revs would be worth 0.034 per share, and we aren't even talking about being profitable, that's just what is coming in before everything goes out...
To be clear, I'm not a dumper on the stock, I'm just playing in reality, I like the content, I like the company and want them to do well, but they are a gamble of a penny stock that I enjoy playing with when it makes sense and I don't want to see retail people get hurt on a ticker like this not knowing what's happening and just seeing the hypers throwing out fantastical upside news that's contributing to the bottom line... yet... if ever... It might have validity eventually.