I think this is an excellent post. The OTC is a
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Posted On: 09/10/2019 7:52:45 PM
Re: Nt2innvovate #7765
I think this is an excellent post. The OTC is a sewer. On one hand I wish I had known more about it 2 years ago. On the other hand, as you say, there aren’t many ways to find 10-20x investments out there. If you go via VCs, you’ll play fees and carry, both of which knock your net way down.
I think this will work out well, but I think it’s 2020 before we see $1 / share. If I’m wrong, I’ll happily eat crow.
Personally, I think Thursday will be “good but not great” news, and that we’ll rally into the 40s. there’s jstill no one paying attention to this - just look at the volume. ie no one outside of current investors (and Christine Coronado) will even know about this new development once its announced - thus, no big infusion of buyers of stock on the open market, and no rise in the SP.
I’m long, so I hope I’m wrong.
I think this will work out well, but I think it’s 2020 before we see $1 / share. If I’m wrong, I’ll happily eat crow.
Personally, I think Thursday will be “good but not great” news, and that we’ll rally into the 40s. there’s jstill no one paying attention to this - just look at the volume. ie no one outside of current investors (and Christine Coronado) will even know about this new development once its announced - thus, no big infusion of buyers of stock on the open market, and no rise in the SP.
I’m long, so I hope I’m wrong.
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