Dadon mentioned that they don't like to post PR's
Post# of 75002
(Total Views: 531)
Posted On: 03/16/2018 7:33:05 AM
Dadon mentioned that they don't like to post PR's on Fridays. I never questioned it because it makes sense considering how many eyes are on this company and some of the harassment they've gotten. If they toss one out there on a Friday, it's inevitable that any investors misunderstanding what it contains, or upset because it didn't spike the pps, will get worked up and often lash out as a result of their expectation that someone at HQ should be on call 24/7, which of course includes through the weekend, to immediately explain everything including how the company could possibly be growing nicely and the pps is not.
The biggest whiners will post nasty shit about the company and management even when they don't really know what they're talking about. I'm not trying to say they've never made any mistakes or overlooked anything, but until they cross over into profit, or at least strong month over month/quarter over quarter revenue growth, the pps will be manipulated by those who are profiting from walking it up and down for flipping, all while keeping it in "the load zone".
That of course includes the company's lenders. That "load zone" is where MMs and the lending firm want it for flipping as well as long term accumulation, and the only price range in which they can keep it trading for the flipping (necessary liquidity), is near where support exists. Remember, in order for the company to tap into their $12 Million financing arrangement for the purpose of operating/growing this company, the lender needs to periodically sell shares.
In order to do that, the stock has to be in a price range where investors like us and other MMs will buy it. If potential buyers think the ask is too high, you get low volume and they can't get cash out of their shares which they need to do as part of the financing arrangement.
This company got a nice financing package though. They draw down on it only when needed, so they aren't paying interest on the entire amount from day one. It's a good deal. Anyhow, there's no law saying they can't let a PR fly on a Friday. Bottom line though, I guess they'll post a PR when they want to and not necessarily when we want them to. Should see something soon anyhow.
The biggest whiners will post nasty shit about the company and management even when they don't really know what they're talking about. I'm not trying to say they've never made any mistakes or overlooked anything, but until they cross over into profit, or at least strong month over month/quarter over quarter revenue growth, the pps will be manipulated by those who are profiting from walking it up and down for flipping, all while keeping it in "the load zone".
That of course includes the company's lenders. That "load zone" is where MMs and the lending firm want it for flipping as well as long term accumulation, and the only price range in which they can keep it trading for the flipping (necessary liquidity), is near where support exists. Remember, in order for the company to tap into their $12 Million financing arrangement for the purpose of operating/growing this company, the lender needs to periodically sell shares.
In order to do that, the stock has to be in a price range where investors like us and other MMs will buy it. If potential buyers think the ask is too high, you get low volume and they can't get cash out of their shares which they need to do as part of the financing arrangement.
This company got a nice financing package though. They draw down on it only when needed, so they aren't paying interest on the entire amount from day one. It's a good deal. Anyhow, there's no law saying they can't let a PR fly on a Friday. Bottom line though, I guess they'll post a PR when they want to and not necessarily when we want them to. Should see something soon anyhow.
(8)
(0)Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
Scroll down for more posts ▼