RE:RE:January 18th Oversubscribed Private PlacementJosie who do you think these people are? I think many of them are tied to the companies that this company is working with. Do you think they being insiders don't know what is going on here and that they will be scammed. Those who Bernie scammed were retailers. If insiders those who are close to the source get scammed that is quite scary to say the least. Now the word scam. The company goes to people who are the primary market and says we are doing a raise to pay for this and that would you be interested hence non broker. If yes they give the monies and the raise is closed--the $750k by the way being oversubscribed is actually 900k that monies was meant to be used to fully acquire the crypto productions but I am not too certain about the additional costs onthepath stated still have to be considered. if more monies is in fact needed there will be further raises no doubt about it. Whether it pays off is a gamble that is something you are taking that people who are looking into making that gamble have looked at all the possibilities and have contingencies otherwise you have wasted time and monies.
There are a few things I fully agree with Markcs one of which not many shares in the whole scheme of things are trading and those that are are being driven by people trying to create their own profits of whatever that may be 20 or more percent as well as what i will call scam bots that kill the share values--I hate those things such a strong word i know but i have a huge disdain for them and people using them i agree they should be outlawed they are scams along with a rigged trading set up in Canadian Exchanges i have always stated so however knowing all this and having such negative views towards it doesn't do anything to make me money I just have to go along with a fraction of my shares and keep myself as close to profitable if not profitable.
Do I think that insiders are manipulating prices down possibly but who knows who is doing what for sure. Bottom line the prices are way too low for where they should be trading so i agree fully with Markcs here too. I have said it should not be trading less than .20 which would put about a $110 million plus valuation which I don't think is unreasonable at all for what is here. Remember I put it at $500 million and despite all this i would still do keeping in mind you can't expect precovid production results in covid era so what is fair and what is not who knows i suppose the market will decide that. My 10 percent of stated production is not at all an insult or a deliberate low bar but one where I am taking into account the economic conditions however if this company can be that great. This has taken all that has been said about ev and mining to support it into account. It is very unrealistic for one to expect huge things not during a slow down with supply chain issues so if a stock looks to be trading high dump parts of it get the monies or swing trade whatever sitting on stocks in a mixed or what appears a more bearish market is not the way to handle ones affairs unless they have all the time in the world in their hands. I talked to many crack pot crypto crazies and they all say too long for too little gains but i have said to them not if you handle the stocks properly. My goal as previously stated is what it is but also to prove to myself I can make just as good returns if not better applying a very affective strategy to beat what the stupid crypto crackpots are making. Big difference stocks are hugely manipulated currencies not so but if you do it wrong you can lose a lot more way faster stocks give you time to adjust things but they do take forever to see anything meaningful unless you are doubling overall a year--should be minimum double if not you can still make excellent monies but I am after beyond that.
I know with proper moves despite all the whatever it is i have done to date it will significantly improve--0 doubts about that--i am after my billion within 20 years and when i have over 10k i will actually break the assets into 2 groups one that I strictly double out on and the other doing what i am doing now--i will look for varying things and combinations of things including swing trading so i have plans--again i will find something that hits the mark but the best is so far from what i see doubling out and if not 20 percent plus and grabbing monies and reinvesting and building systematically.
Anyways, who knows where i will be next year the goal is to be fully off the boards--too bad i am too yappy and passionate right now but that is changing so maybe i am off this year at some point maybe not but the goal will be year's end. No secrets as to how i will be doing things
short term trigger 10-20 percent down or 2 times up sell a quarter
buy back only the amounts sold and pocket the rest in cash
anything that doesn't hit short term i hold that becomes medium to longer term
Stocks go on a run sell a quarter regardless of whether i am up or down because 9/10 they come down fairly hard
hold no less than 50% long term and when i make 1.5 times minimum sell down to my last 1000 maybe more shares hold super long term.
That's it that is what i will be working with along with raising the floor if the stock hits floor sell. so this goes to .10 20 percent floor or 2 cent floor of 8 cents it has to stay above that otherwise out she goes 20-25 percent
later swing trade laddering and other tactics.