Post by
9Islucky on Sep 30, 2022 11:08am
Market Comparisons
While GRB has a lot of irons in the fire,no revenues of significance are in sight for a year or more.If the bear continues for that same period or longer,there is no reason to expect that GBR will out perform and make a big up move.In a real bear,good and great stocks suffer as the selling becomes indiscriminate and a race for cash.If however,Jeff can sell Sage or GRB for 5 bucks,US,it will surely sell at a much higher price as it will have the ultimate 1000% recession proof tool:cash.
While we all can see the long term prospects of our beloved co.,prospects are no safe haven in a lousy market and as we know from experience prospects have not helped the stock price even in a very good market.Choose any long period,1 year,2years,5 years or 10 years,GRB has gone nowhere.There have been some short term rallies,but most of us are not traders,or skilled in that art.So we are stuck in this malaise unless we get THE SALE!!!!
Without the sale we are ensnared in long term hopes and as they say,in the long term we are all dead,and I am closer to my demise than probably an other shareholder.
Comment by
Letsmakemoney9 on Sep 30, 2022 11:54am
I guess we not gonna hit the target price 16$ this November. i will feel lucky if it can at least be 1.6 $