I am no longer in the game here, i left long before the the Chinese announcement,luckily i left green. But still disappointed in the never ending delays.
At its current PPS i am sure there is still money to be made by some, if the right waffle comes out from Pittsburgh, or something actually happens for real. But i had waited long enough and would only think of a return if they release financials and a real contract announcement, which based on the last year could be some time away.
I am also sure that without a capital investment from somewhere they are in financial trouble, the Chinese were i think a white knight to KJ but that bubble has burst so that had to hurt despite The upbeat special letter, coming 2 years after another special letter, progress in those 2 years, not really much to speak of, paid of soem debt with the Chinese money, a couple of units to the other Kevins Charity which if the financials ever come out will likely show it was done at cost or minimal profit and lots and lots of promises that never seem to happen.
Still lots of positivity from some in other places regarding $CDNL but these same names have been beating that drum for a year and its back down PPS in the toilet.
It is the OTC after all and it is a vipers nest that you should always tread carefully in so the neverending positivity and lack of holding KJ accountable by some plainly shows that they are part of the game and are just wanting to lure new players in to the game to allow the names to make their plays before the cycle repeats. I have seen $CDNL crash and burn 3 times when the endless delays and lack of progress take their toll and some bad news hits the market. JMHO
GLTA
At its current PPS i am sure there is still money to be made by some, if the right waffle comes out from Pittsburgh, or something actually happens for real. But i had waited long enough and would only think of a return if they release financials and a real contract announcement, which based on the last year could be some time away.
I am also sure that without a capital investment from somewhere they are in financial trouble, the Chinese were i think a white knight to KJ but that bubble has burst so that had to hurt despite The upbeat special letter, coming 2 years after another special letter, progress in those 2 years, not really much to speak of, paid of soem debt with the Chinese money, a couple of units to the other Kevins Charity which if the financials ever come out will likely show it was done at cost or minimal profit and lots and lots of promises that never seem to happen.
Still lots of positivity from some in other places regarding $CDNL but these same names have been beating that drum for a year and its back down PPS in the toilet.
It is the OTC after all and it is a vipers nest that you should always tread carefully in so the neverending positivity and lack of holding KJ accountable by some plainly shows that they are part of the game and are just wanting to lure new players in to the game to allow the names to make their plays before the cycle repeats. I have seen $CDNL crash and burn 3 times when the endless delays and lack of progress take their toll and some bad news hits the market. JMHO
GLTA
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