Post by
LONAMIS777 on Jan 14, 2021 2:26pm
Great deal
Just bought another chunk of shares... Long-term view here is promising...
Analytics look healthy here for a buy, with the bid to ask ratio respectively sitting at 3308/238 which is a raio of over10 to 1 buyers to sellers. Volume just over half a million and morning star quant report for weds Jan 13 2020, gives a fair market value of $0.05 to the current $0.02 sp, which is a bargain at a 42% discount to value, and a moderate score for financial health...
Wth all that said the company has no economic moat and has yet to bring anything of value to the market, so as always proceed with caution and only risk what you can afford to lose...
I am not giving financial advice just stating my opinion based on my observation of the facts, as always do your own dd (due diligence) and come to your own conclusions...
GSTA THE LONGS
Comment by
molleys on Jan 15, 2021 8:56am
You bought shares? Are you nuts?
Comment by
itwillgo1 on Jan 15, 2021 12:39pm
Between 1.5 cents bid and 4 cents offered the ratio is actually 4209/4551. Not encouraging. Without a rollback of at least 50 for 1 this company will not be doing any equity raises. JMHO