Post by
Kensin1954 on Sep 14, 2021 12:16pm
YeeHaw1
I am in total agreement with you.
Awhile back someone posted that if DM posted a $100 million dollar profit on CV21 the share price would go down.
Except for the day traders it seems the BOTS are set to run DM S.P. up when a big AI contract shows up, PERIOD!
NEWS: "MG is happy to report the signing and initiating of SMART AI in a Major Financial Instiution. We have received $4.0 mil CDN upfront and will receive $3.0 mil a month for operations. Contract automatically renews each year unless otherwise stipulated. In addition we are in negotiations with four additional banking instiutions." ( hypothetical news)
Then the price jumps to $1.00CDN and all of the sudden the enormous bank account does come into play. You know why? Because no large business wants to play with companies with no staying power.
R/S is a dumb idea. No large instiution will trade with companies under 200 mill float, they are way too volatile.
JMHO
Comment by
themason on Sep 14, 2021 12:20pm
Kensin, that was a really good post. TM
Comment by
MUTDMUTD on Sep 14, 2021 12:42pm
... excellent Kensin... here... here...