Komo Plant Based Foods Inc C.YUM.X

Who is selling? And WHY?

[jermiah777]

They just closed a million dollars at 14c. Why are ones selling at 10 cents ? Do they think the Russia Ukraine war might make markets tank? Seriously? Why?

[Mistersmiiiiith]

</br /despite making several good moves lately, komo is relatively unknown in a niche market. at this level of their development you can expect to see day traders (penny flippers) buy and sell to make a fe dollars profit. this often keeps sp low in the case of penny stocks. however, we should see some very positive sales results this year and 'the cat will be out of the bag'. that's

[Mistersmiiiiith]

This company is making a lot of very positive moves in the plant based marketplace and if I look at a couple of their closest competitors, Komo's share price could be between $1 and $2 by the end of the year. Must be patient and wait for sales to register. GLTA

[northman]

You're kidding yourself mate. This company is going to zero. I'm virtually certain of this. They are losing a couple million a quarter, and they have no money in the bank. Get out now while you still can. 

[Mistersmiiiiith]

When investing in "start-up/high risk-high reward/penny stocks" there is always that "kidding oneself" aspect. Komo is part of the 'mad money' aspect of my overall portfolio and I quite like their recent expansion into cross-Canada and U.S. markets....'new product' launches.....growing revenues.....and a private placement of .14 cents. I'm willing to give

[northman]

Hey I get it. High risk high reward is always worth taking a look at. The problem occurs when you underweight the risk, and overweight both the magnitude and likeliehood of the reward. Kind of like lottery tickets - the expected value of a $2 ticket is $1. Except in this case your the expected value of your $0.10 investment is zero (rounding error). I have followed this management team from Hey

[Mistersmiiiiith]

Many thanks for the information; I 'get it' too. Yes, this is my 'mad money' fund and I find it risky but I 'enjoy the hunt' so to speak. In the interest of sharing with fellow adventurous investors, I will mention another high risk/high reward little gem called Therma Bright (THRM) which 'may' soon receive FDA approval for a saliva-based Covid test. A bit late to

[Seahawk001]

I got into Helium One a while back on hopes of hitting helium which is in high demand and new discoveries will be rewarded :) anyways they hit a few nice light oil spots, news released on the second well yesterday...up 26% on the day, for a junior it has all the right pieces in place, if they find helium then it's going to fly  Helium One....Heli