Venzee Technologies Inc V.VENZ

Support

[Yeppers12]

Looks like this will drop back down to the 14 cent support level.  Just above where the warrants and options are in-the-money, around a $41M market cap - still too high compared to where sales are and will be.
9 cents is the next support level after 14.  That would make it have a market cap of 26.5M and much more palatable.  Price/Sales would be in the 8 range.  It would be just below the strike price for many of the warrants outstanding.

[Hiddensecrets]

You sound like an Idi*ot when you speak like that. Name only one (1) company is all 50,000 stocks listed in the market in the whold world that is fairly valued at its correct price? Perhaps the overbloated pit BITCOIN? Or maybe Tesla at 1,000 times sales? How about Amazon at 50,000 times sales? Of, bonds rates at AAA status for USA, a bankrupt nation.  If you want cheap shares, then say

[Yeppers12]

I disagree with your comment Hidden. I disagree with your "facts." I simply was stating where support was for the share price. 14 cents and 9 cents.  That's the downside.  Volume has dropped off significantly from the 4 million/day two weeks ago and is now around 300k/day.  The share price could definitely drift lower before legging up again.  You methioned

[Hiddensecrets]

Like I said, STOP BEING A HYPOCRITE. You know nothing about what the value of a stock is to be.   No one does.  That is why stocks go up and down.  All we know is the value today and it is 17 cents as of now, so that is fair value for today. Regarding volume, who cares!!!!   Whethere you have a gizzlion shares trading or three shares trading, what determines whether

[Yeppers12]

No OnE kNoWs TrUe VaLuE.  Not a hipocrite. Simply saying where support was based on the chart, coupled with where Price/Sales would be for the company at those levels.  You know, facts.  "iF No OnE SeLls, ThE pRiCe wIlL oNlY gO Up!" if that's not a pump....   Give some substance Hidden.  You can do better than this "do your DD," "check

[summitking]

A quick google search will show some of the CDN tech IPO's to give an idea on current valuations.  Dialogue Health Technologies had 2020 Revenue of $35.8mm and 2021 annualized rev of ~$60mm (est).  Their market cap is $1.3B giving them a 36x 2020 revenue multiple or 21x 2021 revenue multiple. Vendasta just went public with a valuation of $700mm.  Their 2020 revenue was $42.6mm

[Hiddensecrets]

Bravo, Thank-you, finally someone with some common sense. Some people are really BLIND. I made my calculations based on 13,000 mesh connections for 2022....going into the future... And this guy or girl is calculating backwards to 13 mesh connections from 2019 and heading back in time.  MPO