Post by
ScarletSpider on Nov 13, 2020 1:31pm
And This Is Why I Said What I Did
which was I wouldnt post here unless I sell some shares and break my promise about holding out for a buck which as of today i have. I held 5600 shares up until two or so days ago where I added 2700 more at .165. I was following some cheaper alternative energy stocks one was acdc extreme battery which really drew me in because it has a fairly established Chinese energy company as a partner looking to find more market share in North America and other places around the world. One day ago the company drops a bomb shell that it has a definitive $100 million deal to develop smart grid and ev charging stations in an area I am very familiar with as it is about 2 hours drive out of town Squamish BC. The downside is the company has 305 million shares and fully diluted by the looks of it so there is the possibility of dilution and consolidation unless as with several others it gets off the CNSX exchange relists on the TSX Venture and gets numerous bought deals on as little dilution as possible straight shares no warrants and as little cheap future conversion which is not likely. Currently trades at .04 to .05 high of .08. I think it will get bought deals around .04 to .06 at least that is my hope vs dilution and roll back so I mailed it over on a 5 to 1 basis where I bought 6500 shares in exchange of needing to sell 2000 here which I wont like going from more to less but even so I decided to pull the trigger for a very simple reason and that is i will not chase shares given i got an alt energy stock i know i will make gains in longer term but whether equal or less to what i gave up or even more i dont know but I planned my next move. The bottom line is that I have a net 6300 shares here 700 more than where I ended with with the $1.00 strike promise but I will not work on loopholes etc so promise broken and as I said I will post if it should happen. I am not at all advocating to buy into acdc simply disclosing what I did and why the rest is do your own DD. As for this stock it is indeed great mr. Bratton is back I had said we will hear a protect the force deal here and I still say this. I have said this is not worth less than .375 and I still stand behind this. I have said this will see .50 to $1.00 and I still stand behind this so despite this i still went for the other stock and i will simply say that given i moved shares out from here and i am looking for stronger values i am now really hard press to move more out BUT if i feel i can make faster gains elsewhere or to diversify so as not to get frustrated waiting for higher values here feeling as though i am missing opportunities elsewhere i move shares but not just in anything things that i believe will do well enough. Everything is gambling so maybe i make equal monies more less or whatever over the longer term or faster shorter. Prior to people still playing shanningans i traded out of cbii to increase my shares here and to buy in. Initially I was ahead here but as it stalled cbii to date has overtaken the returns that happens so things are all relative. I held to the promise here up until now and as I have said no more promises really stupid of me but this was the last one to fulfill my full disclosure and now I have which I have said time to move into stealth and less yapping. It is unfortunate Jeff did all the damage and now the company has to clean things up and one last thing I said mrs will get prime vendor status back I have no doubt about it. Acdc seems to have better sentiments right now from .001 to .08 high to .04 to .05 current on 305 million outstanding no booked revenue and yet 188 million here and from my last calculation 74 million and not even .375 pretty disgusting to say the least that this is trading at 3 times to a fledgling company just incredible to say the least but it was for this reason like I said if that over takes here neat to mid term major win on that front bit still not on this....if this goes where it should I still have a sizable position and I am happy regardless of what given up because I am making money and trading off to cover my basis through diversification and seized not lost opportunities be them equal better or not as good. It is all about psychology of feeling and giving yourself time to hold things and still have the ability to buy others without feeling others ever have the control be it manipulation or not...that is at the end of the day for my move. I know I will gain nicely here and will look forward to seeing proper prices but for now I wait and will likely leverage with acdc if I think it is a good move...but sorry everyone I did sell today but couldnt resist on the low share price to contract albeit the os is going to play an ongoing factor...either it will be consolidated and I lose shares which is not desired or it wont and goes via bought deal with enough business to offset the total share count. Either way it remains a gamble and something see where it goes and no matter what was done with the understanding maybe holding longer term here would be better and if so I cant be disturbed by the decision anymore than I was moving from cbii to here it is all part and parcel of trying to make your best gambling move. No more promises hard to say what I will do here and most likely no more full and personal disclosures. I dont like to play any games. I like to keep things honest hence this post...sorry it is long winded. Anyone want to be straight with me as I will you and want to talk opportunities pm me and I will be happy to do so. Ok let's try this again...April oh sweet April...it is now my goal before I peep again. As for financials on a quick note by trend no less than $20 million for the next quarterly. I suspect it will however be between $25 to $34 million. I dont believe it will break above if it does we bloody better see close to .50!!! We deserve no less than .375 right now...but I know the revenue will continue to most likely be above $25 million so I am never concerned about that. We will get the dollar prices most likely in the coming year. This one doesn't look to be the case even if it is deserving. But for what will be denied now it will be made up tomorrow with a vengeance happened with cbii when I first gave up shares it had problems getting above .10 now it trades .50 but still low sort of until management sold on bought deal at .47 if not for that it would be low although it is still trading comparatively low. In any case, the point being this too will trade way better in the coming year as things keep strengthening as they are. Glta and hit me up through pm if you like over and hopefully out now until April...I gave my word should I sell before years end under a buck I will face the music so I may break my word but I will own it honestly. There is nothing I dislike of myself more than dishonesty but that said I would be a liar to say I will ever be 100 percent honest however when it comes to two things my dealing on the boards and with money and people as well as love (matters of the heart) I will be as honest as is humanly possible which is as close to 100 percent as you will get in everything else I am yappy and an open book and all my flaws I will do my best to humble myself and accept the music. Anyways I have plugged myself just so that anyone who wants to talk honestly will know I will not talk in any other way and when we talk I privately I will only want you take boatloads of monies as I do openly on the boards but I have a love non love feeling towards manipulators meaning I want everyone to make money but not by deliberately screwing people and I have stupidly gotten mad with all this I shouldn't if I am worth my grain of salt I simply as I have said properly manage my shares and only blame myself for all short comings still working on this. Ok I better stop this is a novel. Hit me up if you like if not Merry Christmas and Happy New Year good luck everyone all the best of health wealth happiness prosperity and a long life filled with great love and successes to you and your loved ones. Stay safe!!!
Comment by
lane17 on Nov 14, 2020 5:42am
ScarletSpider: Holy Toledo...thanks for your lengthy comment/view and opinion on Mission Ready. I have yet to read it all but talk about a comment. I have NEVER seen anyone on Stockhouse write such a long analysis. Good for you and thanks again. I can't wait to read the entire comment. As they say...GLTA!