Post by
Krugman on Sep 07, 2022 12:13pm
It is important to understand a company before buying
Most people who have expressed their frustration here are those that don't understand the phase that DM is currently in. Before buying shares in a company, it is important to know which phase a company is currently in...is the company still building its foundation? or it is in the expansion phase? When companies are still in the foundation/ investment stage, they usually use a lot of money investing in projects. If some of the projects are completed, they are usually in the marketing phase and no significant revenue can be expected from them. When you understand this...you will not expect to see massive gains or financial reports from companies like DM which are in their foundation phase. If you want big earnings and massive financial reports, you might consider buying Tesla, amazon, FB, and others which are quite expensive because they have already laid a foundation for a steady income.
Comment by
TheBrokeWarren on Sep 07, 2022 12:16pm
Well said, most people want to buy a penny stock and enjoy earnings similar to big companies...not possible.