RE:Strategy
johnnydang wrote: Buy at 4 sell at 4.5/5 Short at 5.5 buy back at 4.
Let's suck all the equity out of this one until it flops.
Here's one of many Safe Strip companies already in the market.
Dancesafe.org
The strips are just chemicals on a piece of paper. There was no reason for investing in that company. The only reason for the investment was because the CEO is personally invested in the company. Basically using corporate funds to further his personal interests.
The value of the company is only in the revenues which SPLY never shared and we only have a 7% interest in the revenues.
I thought this company was going to solve the crisis by selling safe drugs.
lol - just say no. Best strategy is to see it for what it is.
The Sackler family made a lot of money selling legalized drugs, but some things are just best avoided.
Public policy seems to be shifting away from neo liberal enabling. Portugal is having a rethink, so is BC. (Un)Common sense will prevail.
I am surprised this stock doesn't have a relentless malignant fandom.