I suggest, for a lark, you all search the conversations on PYR bullboards circa March 17, 2020. The boards were full of perenial bears with comments like "PPP pays himself too much", "management doesn't care about longs", and "retail is getting the shaft-bankruptcy is nigh". I bought in after watching the stock for over a year and watching the price collapse from the high nineties to below twenty. I bought in at the darkest of times as the covid crisis took its grip. "Fraud" and "Scam' they cried. Within weeks PYR was back to the mid sixties. I actually completely sold out briefly as there was such spoofing and blatent L2 manipulation forcing the price back down. I then realized the price was manipulated not because whomever did not believe in the stock, but to accumulate for themselves. So I bought back in in the low fifties. I eventually got out at $4 missing the final x3 before it got over $12.
Why do I say this? Why should you care? I don't really care if you do, or not. Though it should be recognized that while no one can tell the future one can deduce that SIXW is way oversold. The marketcap here is ridiculously low. That market sentiment will be at its lowest before the dawn. That every post of positivity is avalanched with negative posts repeating the same old tropes which may , or may not be true to a degree. The cash burm rate is indeed high. Management wages are indeed lucrative. Insider buying is paltry. What can I say? Only Harrison Ford took the deal for a percentage of Star Wars merchandise.
I have the PYR vibes when I look at SIXW. PYR had multiple technologies which had a ton of potential though they hadn't quite caught on yet. One big deal moves mountains. We are either on the verge of something great or failure. Will SIXW 60x like PYR? That would put us around $2.50ish. That would be a market cap around $500M CAD which would still be low if we were pumping out refiners for every village on earth with artisanal miners. Nevermind a successful disease testing platform, or pharmaceutical production facilities. Each one of these spokes could be a billion dollar business on its own.
Now that is a pipedream, but not impossible either. SIXW could 10x and only have a market cap of $40M CAD. Pfft that is still a completely ridiculously low market cap. That is my personal bare bones minimum expectation. A 52 week high is incoming.
Do your own due dilligence. DD101
BB101