Post by
Always6 on Mar 16, 2021 10:07am
Forest for the trees
I know there are a lot of outstanding shares but this is not 15 cents stock. Given where we are today and our channels of revenues. I think it is safe to give it a buy rating and a target of 50 cents by end of June? Thoughts?
Comment by
BamBamMarket on Mar 16, 2021 10:27am
I think the possibility of a reverse split will scare off investors and suppress the share price as investors will sell off. Today is an example of this, good news and share price drops because of heavy selling. i suspect this will continue until the RS is done or off the table.
Comment by
bober2 on Mar 22, 2021 1:10am
BamBamMarket, I agree with you 100%. I wish Clint would focus on the revenues for the next year and forget about the reverse split. It's a real negative for the company because the investors will sell off and cause huge swings in the share price. In the long run nobody makes money on reverse splits.
Comment by
bmeister2 on Mar 23, 2021 10:26am
I concur fully,Bober. I wish somebody would just buy us out as I am totally frustrated with the dodos who are selling into a half penny gain. We have enough sales and good news to be 50 cents at this point yet those focken fools mess up any stock momentum we start to have. Why don't they look at some press releases before they push any buttons. Go figure
Comment by
nozzpack on Mar 16, 2021 10:29am
That would be a very good near term price value. The balance sheet is good and the growth profile is above peer norms. I also like the share consolidation. These are quite beneficial to consolidated price when there are real assets supporting the market cap and when the market cap undervalues those assets. That is exactly the case here. So our market cap should increase .