GREY:NEVDQ - Post by User
Comment by
bogfiton Aug 08, 2022 12:05pm
286 Views
Post# 34878941
RE:RE:RE:In Default
RE:RE:RE:In Default"where does when go from here"
Who knows? I don't think I've ever owned a stock that had so many serious questions about its probable future, so this is all outside my experience. There is a reason why I invested in the reserves and not the company.
As a general rule, I don't post criticism of a stock I don't own -it's my Thumper's Dad rule" – if I can’t say anything nice, I don’t say anything at all. Now the issues are so out there and so serious we just cannot ignore them any longer. Without more positive guidance I must warn investors to not buy this stock at this time. Present shareholders should IMO hold as thye can’t lose much more now, and a cash buy out could pay multiples of present PPS.
Think of it as roulette. The odds are poor, but if lucky the payoff is sweet.
b.