Post by
Goatburner on Mar 28, 2022 3:39am
Agrees with diversification
One of the best post I read yet on this forum is the value of diversification. I thank that poster for reminding us of that truth. For some of us, not myself, Electra has been our sole investment. A potential recipe for di,,saster. I'm not saying at all that Electra doesn't have a positive future - in fact I believe it does. But caution tells us to be aware of our surroundings. I agree with many that the current ownership might not be the ones to bring this company to the finish line. Bigger fish are lurking for a smaller fish to swallow. Regarding a reverse stock split -like one poster mentioned - it's not so uncommon. At this very moment bombardier Canada is considering the same thing. No biggie here - a part of doing business - and moving the company forward. And it's not like Electra has no need of moving forward. It certainly does. It is stagnant - and stuck where it is. Fortunately, the leadership of the Electra long recognized that and proposed and got approval of a possible RS in the future. Circa December 5 2021 or thereabouts. Make no mistake, investing in the stock market - and I mean any stock at this time in history carries extraordinary risks and investments in any equities should be considered seriously.