For anyone not looking at the big picture, not loo
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Posted On: 05/23/2019 6:58:12 AM
For anyone not looking at the big picture, not looking at all the details and numbers, and not looking at the future all they may be seeing is $9,000 in revenue March 2019, a .25 loss per share, and adding 10 million shares to the OS, about 80% increase in outstanding shares.
Without knowing the details and actual numbers, without seeing the big picture, without seeing the future, without doing your DD, I can see why some are selling, or possibly shorting because that doesn’t look good when you have no idea what’s gone on.
So if that’s the case then the ones who are aware will be more than happy to buy those shares from them. Short term is a battle but long term is what we are planning for and going to win. What will those sellers say when the Nasdaq page lists over 4 million revenue for June 2019, over 4 million increase over the 9,000 listed now.
What will they say when they see the institutional ownership list around June 15th, which is the bulk of those 10 million OS added
Maybe they’ll dig deep enough, not even that far, and see that the rest of those shares went to Sound Concepts, and they even bought 4 million dollars of extra shares.
Good investors, imo, don’t look at today or tomorrow, they look at next month, next quarter, next year, etc.
I talked to my financial advisor the other day, I have a life insurance plan that’s complex imo, but doing well, very well. He said that he’s talked to many people lately about life insurance and they don’t understand the importance, they see the possible monthly payment as if they’re losing money. They’re not forward thinking, they think about today and tomorrow, they don’t think about down the road. When down the road comes who will be in a better position me or them? They might have to play catch up which is bigger money.
A lot of people will have to play catch up here as well, less shares and more money.
Without knowing the details and actual numbers, without seeing the big picture, without seeing the future, without doing your DD, I can see why some are selling, or possibly shorting because that doesn’t look good when you have no idea what’s gone on.
So if that’s the case then the ones who are aware will be more than happy to buy those shares from them. Short term is a battle but long term is what we are planning for and going to win. What will those sellers say when the Nasdaq page lists over 4 million revenue for June 2019, over 4 million increase over the 9,000 listed now.
What will they say when they see the institutional ownership list around June 15th, which is the bulk of those 10 million OS added
Maybe they’ll dig deep enough, not even that far, and see that the rest of those shares went to Sound Concepts, and they even bought 4 million dollars of extra shares.
Good investors, imo, don’t look at today or tomorrow, they look at next month, next quarter, next year, etc.
I talked to my financial advisor the other day, I have a life insurance plan that’s complex imo, but doing well, very well. He said that he’s talked to many people lately about life insurance and they don’t understand the importance, they see the possible monthly payment as if they’re losing money. They’re not forward thinking, they think about today and tomorrow, they don’t think about down the road. When down the road comes who will be in a better position me or them? They might have to play catch up which is bigger money.
A lot of people will have to play catch up here as well, less shares and more money.
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