RE: Problem here is the upside is puntedhourly, daily, for months11 Feb 2024 23:56
They've said the same since day 1. why do you think the sp actually fell to 0.3 if the BoD travelled a road, straight and true?
unless you can explain WHY the sp fell to that level and then explain why the sp is currently as low as it is, in spite of all the news (notwithstanding the selling of an exBoD, as the price has been this low and lower previously... i remember run-ins with splatted when he was buying at 1.3 BEFORE the dip to 0.3).
yes, you can say the cmpany has never been in better shape but you can't alwasy claim that rises are because the company is a multibagger and the falls are 'manipulation'.
i still watch this share... more so now so many have bought into the 'imminence' as i can see it actually bagging, whatever the next news is... for the same reasons that others have bagged reasons (reddit meme stocks now rule and everyone jumps in) so a good sized holding, as long as your average isn't miserable, will be a good trade... but you still have to have the cash to add at 1.2 > 1.0 and maybe lower.
it's just a fact that, nowadays, more than ever, ramp crews, fomo and bandwagon jumping do more for a share than news usually does.
i'm all for the company, just use a different metric for judging why.