I started playing pennies when they were Bulletin Board over the counter stocks. An LOI from a two-bit scam company would shoot the price up over 1000% in one day...& it would generally happen at least once a week. Everything was hype & momo...or as they were better known...pump & dumps. 99.9% of them only had a story, no product or actual service...& I don't think any of them were debt free & showing a profit of any kind...to the contrary...they all had toxic debt strewn throughout. Not only the savvy traders...but the peeps providing the toxic financing made out like bandits...& still do. The Canouse family that owns NECA are a prime example of toxic financiers. I guess it's still like that today on the OTC...but the bar sure has changed. Here we have a REAL company, with no debt, a soon to be reasonable O/S, an actual product...& on top of all that...Q after Q of high margin PROFITS! And we sit @ 002...??? I don't know what it's gonna take to get to the same pps of last year...but ALL the fundamental metrics the big boys use say we should be there right now. Unfortunately...the market doesn't agree.................yet.
I'm holding till they do. If you're cash strapped...do what you gotta do...but if you're not...I would suggest exercising a bit more patience & see what happens with the mega deals we should be getting within a week or two. If the market doesn't agree after that...I might become a little impatient myself. GL2Us