Post by
throwaway11 on Dec 19, 2021 10:35pm
Ultimately... Still not a bear.
Assuming we sustainably pass 35 cents and the warrants are ITM, the private placement has a mean of 27 cents, which is the average floor the stock has fell to in quiet periods. Am I spinning it? Probably. We'd have liked to be a lot higher than 27 cents by now, but I'm also confident the warrants will go ITM.
Even if by my tempered expectations, the company does end up changing its revenue projections dramatically, the company is inarguably undervalued on its exhaustive IPs alone.
Comment by
Bakunin6 on Dec 19, 2021 11:47pm
And it's a relatively small percentage of the float...could clear it all in a couple of weeks with volume. Also, because it's non brokered the shares may be going to diamond hands...
Comment by
throwaway11 on Dec 20, 2021 4:01pm
Yeah... The strategy with this company is just to watch it and never actually invest like I did until the last minute. When they say "Ready Q1 2022" expect it to take two years after their previously anticipated launch date.
Comment by
throwaway11 on Dec 21, 2021 12:49pm
I would relish to speak meaningfully of this, but as we hit a new 21-cent all-time low, it feels rather like discussing the results of yesterday's golf tournament while the house is on fire.
Comment by
maybe111 on Dec 21, 2021 1:35pm
Just because someone else is making a seemingly stupid decision does not mean that you must too. Are you afraid that there is really no value here?. If so please sell as you are not made for to be an investor
Comment by
throwaway11 on Dec 21, 2021 1:40pm
I have seen plenty of businesses with great value get killed because they can not do business. There's more than one side to this my friend.
Comment by
maybe111 on Dec 21, 2021 4:28pm
Did you hold Garibaldi for the run, then Pyrogenesis and HPQ for the run and now SIXW. Are you having fun?
Comment by
maybe111 on Dec 21, 2021 4:21pm
Do you speak with them? Do you understand the business? Do you understand their burn rate? Do you understand the technology? Do you understand the strengths and weaknesses of their relationships?
Comment by
maybe111 on Dec 22, 2021 9:46am
Throwaway This was a case against UCore with SIXW only involved as a consultant. The issue was to restrict SIXW from using any information gained from its access to such information, through Mr Schrider, in its fuction as a consultant. SIXW has in no way being constricted.
Comment by
throwaway11 on Dec 22, 2021 10:27am
I am not making exceptions anymore. This price is in the company's hands. They need to put out a statement regarding the share price activity or at least show that they are paying attention, whether it is ultimately market disinterest or it actually is being manipulated.