Post by
woundedknee on Jan 26, 2022 8:07am
Reading the chart from the high
Just out of curiousity, I checked the chart from Fobi's high on Sept.27 which was $3.58 to today"s share priceof $1.02. In that time there were what I would classify as 14 major acquisitions or partnerships and another nine that were of lesser significance, but important and accretive to revenue. All of this very positive news in only four months, and the share price drops over 70% in that time. Was it overpriced at its high? Maybe, but I've seen reports predicting a much higher price. Or maybe it goes up and down with the Nazdaq, or it could be heavily shorted. It would seem that sooner or later a major news release will turn this downward trend around. That seems logical. Of course the markets are very jittery now and that has to be considered. jmo
Comment by
zabber on Jan 27, 2022 10:51am
Totally agree Pacer. Crawl, walk, run. Market just sees crawl. If the team can run/execute this year the upside is massive.
Comment by
thearab on Jan 26, 2022 9:51pm
Hey Foof----Good to see you back again you were away too long.J.J.