TSXV:MRS.H - Post by User
Comment by
ScarletSpideron Feb 25, 2022 10:29am
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Post# 34461328
RE:RE:I'm not the least bit surprised about the share value here
RE:RE:I'm not the least bit surprised about the share value hereyes management has and continues to do an excellent job. Stock manipulating is very easy actually even in light of successions of really good news releases however that will go on at higher values. People can easily walk down share values doing cross trades, pushing a handful of shares into the market and trying to cause panic sells as well as shorting. It is unfortunate but all the power lies with those who have the lion share of stocks and those who don't have to be smart in how to handle all this where taking profit when it is there is the best way as is following set trigger points of your low value as to where you sell a determined amount of shares and high values same thing anything else you may hold stock. Buy and hold is way too counterproductive in light of all these things constantly going on and devaluing stocks along with expectations based on what the company is expected to achieve and whether it does or it doesn't. The time frame for stocks where people make good monies when holding is way too long and seldom proportionate to what they should get so it is best to look three ways short medium and longer term. I have destroyed my short term by buying up comic books so now I have to determine will i give a portion of my shares to open that up.
Right now I am waiting to see where things go and not really looking to sell below $5/share however this is all contingent on the company drastically improving its gross profit margins and continuing to get massive revenue generating contracts. The problem isn't the amounts in contracts but having gross margins at 5 to 12 percent that is way too low should not be less than 20 percent preferably 30 and the only way that happens is in getting contracts for the companies ip not some other things that are being sourced and procured. We have had a good enough time with that--time to get the real deal going here not that I am not thankful as that helped keep this moving forward.
This company deserved far better than what it has been getting should have never dropped below a buck when it reached there but here it is. In any case, let's see whether this stock can gain incrementally each day and stay up--whatever that amounts to it doesn't matter. This is as I have said at least .90 way under the lowest fair market value as far as I am concerned.
That being said, I am very happy with the company's progress and look forward to see it continue to gain strength and momentum through the rest of the year.