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Bullboard - Stock Discussion Forum GraniteShares Gold Trust BAR

The investment seeks to reflect generally the performance of the price of gold. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold.

ARCA:BAR - Post Discussion

GraniteShares Gold Trust > Gross incompetence?!?!
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Post by alleyesonme on May 27, 2021 12:18pm

Gross incompetence?!?!

Gross incompetence doesn't issue 908 000 units at 1.80 (100 000) purchased by insiders, Or later issue 2 300 000 units at 2.65. Gross incompetence doesn't produce a 31m share structure after 10 years of operation with under 6.m debt. Gross incompetence doesn't have 420 MW of projects completed. And gross incompetence certainly doesn't attract a top tier CFO like Marissa Lauder. Don't get confused, this is nothing but a buying opportunity, short squeeze will be epic. The future is bright and green.
Comment by 1condor on May 27, 2021 1:39pm
Alleyesonme...agree...but no doubt many of these green companies got way too frothy over the past year. Most are down over 50+ percent in the past few months and the downtrend continues. Are we near the bottom...not sure but I think we are close..so worth the risk buying some at this level. Even though many of these stocks continue to have high analysts targets (many totally unrealistic) there is ...more  
Comment by alleyesonme on May 27, 2021 4:42pm
Yeah condor, you've proven to have a good read on the sector sentiment. I think the investment community is overlooking the value of having contracts in development. I think largely, the deep dive into a company like UGE isn't happening, Instead it's a quick look at financials (if any look at all). The supportive policy and marketplace is new. The Solar industry is booming more than ...more  
Comment by 1condor on May 27, 2021 6:10pm
I sure hope UGE has decent earnings tomorrow or the stock will likely take another kick in the gut.