When the pps goes up, the general mood on the boar
Post# of 75011
I'm not saying your posts were bashes, cause obviously you were venting frustration, but I've seen a HUGE number of posts on this board today that were OBVIOUS bashing to try and use gloom and doom to create panic selling. Judging by the size of the blocks I saw traded most of the day, most of the trading was orchestrated by market makers.
When you invest in a start up company with no cash, you can expect wild swings in the pps from market maker and swing trader driven manipulation until the company has reported some undeniable proof of financial success. That's the dog eat dog reality of the stock market, especially the OTC market. At different points the pps will jump on a strong outlook, and at other times will be dumped as the traders take profits in between press releases detailing major progress.
You need to be tough and able to endure even extended periods of time in the red. If you can't, you shouldn't assume the risks involved with investing in start ups. Even an optimistic long like myself or Dadon CAN NOT predict everything that will happen as a new brand is built by a small start up without deep pockets.
I told some bashers that they'd be lucky if the pps dropped this low. They got lucky. Big deal. So did any of us who realized the buying opportunity and loaded up. They didn't know any more than the rest of us where it was headed, unless they had inside info, which they didn't.
They had no way of knowing a major acquisition or distribution deal wasn't just around the corner. That's why they shut up, or actually sang praise for the investment every time the pps started back upward. Yes every time it started correcting the big shot flippers would quietly slide their bashing sticks under the sofa and whip out their pom-poms.
Many of us had high hopes for cash infusion on a larger scale, and as a result assumptions ran wild on the board as people got excited. I think we would've seen better progress this year if Gerry David's approach had been more compromising, a little less anti-CBD and especially less anti-China. That's not good for funding from Chinese investors looking forward to major Chinese market penetration when you say "too bad, not going to distribute in China now"!
This company wasn't headed for bankruptcy, nor was it drowning in toxic debt, so it didn't necessarily require someone coming in and completely re-molding it, especially not if it meant halting all progress and trashing the PPS. I don't believe Jerry Grisaffi thought that's what was going to happen or he would've insisted on remaining on the board.
Even while some scared or fed up investors/flippers do dump shares, others are shorting and scooping. Plenty of accumulation took place. Just like a repeat of the trader/MM led pump and dump of 2015. That was NOT an insider P & D and there wasn't any paid pumping either, even though accusations of both were made in abundance by bashers. Looked just like that today just with different aliases. Most of the old flippers and bashers that tossed negative BS on this board were banned.
The board was intended as an information exchange for investors, NOT flippers. There are many boards in IH exclusively for flipping stock, like Sheepwolf's $1,000,000 Journey. Ask Plan. He posts on that board a lot.
Folks found to be slandering the company and it's management were not welcome by long term investors, especially once they were caught repeatedly lying about both. Saw a lot of wild speculation by the same ole flip floppers today in an obvious effort to spark panic selling for cheaper loading.
Happy for the scum if they got their cheap shares, but I hope in the process of lying about things to get the pps lower, they didn't cause any long term investors with large positions to sell while in the red. It'll go back up just like it did before as long as they get back on track, and I'm betting none of them are ready to walk away from this without giving it all they can.
Dadon, Roger, Jersey, myself and several other longs on this board are merely sharing our honest opinions about the future possibilities for this company. No one should ever invest more than they can afford to lose if something goes wrong.
I still strongly believe that they will carve out their fair share in the healthy food/beverage market with this brand, and once it starts coming together and the profit growth is strong, the share structure can be properly adjusted without splitting the stock if they choose to do so.
$$RMHB$$ Long & Strong In my opinion it's, still a great long term.