"Financial Analysis" on this company is absurd.
Post# of 40989
(Total Views: 319)
Posted On: 09/18/2019 4:10:41 PM
"Financial Analysis" on this company is absurd.
Steve is unable and unwilling to verify sales to shareholders (and more importantly potential newer, smarter shareholders who demand some kind of verification.)
When unable to perform actual financial analysis, we're left with technical analysis.
In this case you can make arguments we're in the shitter, with the only possible positives being that we appear to be bottoming, and how much lower can we go? I agree with Dody on one thing: 1 to 1.5 looks pretty likely.
I've essentially written-off this investment with the hope that maybe I'll get lucky and it will rise from the ashes, but not likely due to any financial achievement on the company's part. More likely due to luck which seems to find various OTC stocks occasionally... before that luck runs out again.
Steve is unable and unwilling to verify sales to shareholders (and more importantly potential newer, smarter shareholders who demand some kind of verification.)
When unable to perform actual financial analysis, we're left with technical analysis.
In this case you can make arguments we're in the shitter, with the only possible positives being that we appear to be bottoming, and how much lower can we go? I agree with Dody on one thing: 1 to 1.5 looks pretty likely.
I've essentially written-off this investment with the hope that maybe I'll get lucky and it will rise from the ashes, but not likely due to any financial achievement on the company's part. More likely due to luck which seems to find various OTC stocks occasionally... before that luck runs out again.
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(0)On4 Communications (ONCI) Stock Research Links
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