You're missing some critical details here. This st
Post# of 75385
(Total Views: 551)
Posted On: 03/23/2019 12:34:15 PM
Re: liquidmoney #53568
You're missing some critical details here. This stock can get to $20/share with what's in the pipe and the vastly reduced float FASTER than it would've been able to reach a dollar from a penny with the nearly 2 billion OS it had.
In addition, you would have to be assuming, for some reason, that they won't be able to get funding to further reduce the outstanding shares via share repurchase. If anything, this move accelerates that initiative, and it's very highly likely that this team will do exactly that.
The impressive revenue growth that we'll see beginning with 2nd quarter financials will launch that on its own. They're not leaning on one vertical here, but several, and it's about to get big. Hold for the win applies right now, and much better than without the split.
The increased interest from larger investment sources is the reason. Make the stock appealing and they'll invest. All we've had going on lately is a handful of us adding and a bunch of shorters/flippers diddling it around. We didn't get the order right, which would come first that is, split or buyback, but apparently this is more suitable. I'm sure they know the best move for right now.
You should know the answer to your question already. April 1st to May 1st will bring solid news and most likely the long awaited follow up purchase orders from CBD Life. Even with a temporary buying opportunity post split, the earnings per share will open eyes. I still believe they'll return shares to the treasury, and probably not long after they execute this split.
In addition, you would have to be assuming, for some reason, that they won't be able to get funding to further reduce the outstanding shares via share repurchase. If anything, this move accelerates that initiative, and it's very highly likely that this team will do exactly that.
The impressive revenue growth that we'll see beginning with 2nd quarter financials will launch that on its own. They're not leaning on one vertical here, but several, and it's about to get big. Hold for the win applies right now, and much better than without the split.
The increased interest from larger investment sources is the reason. Make the stock appealing and they'll invest. All we've had going on lately is a handful of us adding and a bunch of shorters/flippers diddling it around. We didn't get the order right, which would come first that is, split or buyback, but apparently this is more suitable. I'm sure they know the best move for right now.
You should know the answer to your question already. April 1st to May 1st will bring solid news and most likely the long awaited follow up purchase orders from CBD Life. Even with a temporary buying opportunity post split, the earnings per share will open eyes. I still believe they'll return shares to the treasury, and probably not long after they execute this split.
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