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Posted On: 08/24/2019 1:01:05 PM
Post# of 82676
I don't want to get in the middle of the discussion you all are having, it's very informative.
I just want to point out that at the shareholders' meeting three years ago, during cocktail hour Mark told me he expected to sell the company within a year.
Facts on the ground change as we're seeing, hopefully, for the better. But just because he's stated something in the past doesn't mean it's set in stone.
I, personally, think r/s's have gotten a bad rap. It depends on the backstory, if the company has a recent history of improving revenue and better guidance, they can be good. I'm in the stock of such a company that did one about 2 weeks ago and share price has been rising since. If it's just a ploy to get uplisted or attract institutions and it's a crap company, share price will plummet.
I wouldn't mind seeing one here if things continue to improve.
I just want to point out that at the shareholders' meeting three years ago, during cocktail hour Mark told me he expected to sell the company within a year.
Facts on the ground change as we're seeing, hopefully, for the better. But just because he's stated something in the past doesn't mean it's set in stone.
I, personally, think r/s's have gotten a bad rap. It depends on the backstory, if the company has a recent history of improving revenue and better guidance, they can be good. I'm in the stock of such a company that did one about 2 weeks ago and share price has been rising since. If it's just a ploy to get uplisted or attract institutions and it's a crap company, share price will plummet.
I wouldn't mind seeing one here if things continue to improve.
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