It's not really a long term value loss as the shar
Post# of 7802
(Total Views: 252)
Posted On: 01/29/2020 11:47:41 AM
Re: Annie Nigma #5754
It's not really a long term value loss as the shares you will maintain will get an immediate share price increase and then grow at an accelerated rate as there are now fewer shares available for purchase.
Also, when a company moves up to a new exchange, index funds will now purchase the stock to have it as part of their portfolios.
It is a huge positive for the company and your risk actually goes down in this particular case. Not normally but in this case it is very different.
But I suggest seeing for yourself the growth of the dollar value of your stock over the next few months and determine what you want to do.
The price has been climbing for over a year now. It takes a lot happening behind the scenes for a sub penny stock to climb for that long without there being something huge pushing it. Hype can only do so much and usually fades after a few days or weeks.
So there is something serious going on here.
Another good and significant sign, as I've stated before, is that Kyle is no longer taking private placement purchases as he described in his last interview. That's how a company normally funds itself until they are self-sustaining. That fact alone drives the stock price up for a few reasons which I have discussed on here.
Good luck to you.
Also, when a company moves up to a new exchange, index funds will now purchase the stock to have it as part of their portfolios.
It is a huge positive for the company and your risk actually goes down in this particular case. Not normally but in this case it is very different.
But I suggest seeing for yourself the growth of the dollar value of your stock over the next few months and determine what you want to do.
The price has been climbing for over a year now. It takes a lot happening behind the scenes for a sub penny stock to climb for that long without there being something huge pushing it. Hype can only do so much and usually fades after a few days or weeks.
So there is something serious going on here.
Another good and significant sign, as I've stated before, is that Kyle is no longer taking private placement purchases as he described in his last interview. That's how a company normally funds itself until they are self-sustaining. That fact alone drives the stock price up for a few reasons which I have discussed on here.
Good luck to you.
(1)
(0)