Post by
XRP111 on Nov 21, 2022 11:25am
The problem with these
Ppl like Stan pump when its $4 and keeps promising next quarter and to average down and every quarter gets worse. It will go to zero. Its just a matter of time. If financials are worse then expect a .10 stock price, unfortunately you can keep lying to yourself and continue the next quarter strategy but eventually with debt keeps growing and revenue decling there is nothing anyone can do. I suggest taking salary cuts and maybe save the company a year to be in service, but greed will always be there and bankruptcy always wins, i seen it too many times on the vulture exchange. Will be just another statistic of data plays that end up in the scrap bin
Comment by
LoopTracer on Nov 21, 2022 11:56am
Ominous that's for sure but does hold credence in the current FOBI profile in my portfolio... sad times on the FOBI train!!!