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Posted On: 11/25/2019 3:31:40 PM
Post# of 36541
I think GNBT is still in a place (OTC) where you mostly have two distinct types of buyers & sellers i.e. investors who buy/sell long term on fundamentals and traders who buy/sell short term on price action. As it stands, traders are having much more fun. Once we have some confirmed positive results from our projects and a clear path to the NASDAQ investors should start buying in and quickly overcome the short term traders . Price action will then have a completely different dynamic. My experience is that freebies to share holders do little for price appreciation at this stage of the game and in fact can be counter productive to long term investors. We need to show sufficient revenue to validate at least some of the plans. Hopefully sooner than later.
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