Creek, I agree about day traders being dumber than
Post# of 36566
(Total Views: 273)
Posted On: 04/16/2020 9:54:49 AM
Creek, I agree about day traders being dumber than a sack of hammers and not looking beyond the Wiki page about a company (if they even go that far). They aren't there for the long term tech - they want a short quick trade that makes them a couple of bucks then they move on to the next "big thing".
I'm talking about true investors - people that are buying because the technology intrigues them and they think it has long term value. I believe those types actually do research into a company - and any dive into NGIO would reveal that it is owned by GNBT which will retain 70% or so of the company. That research should also lead to a little branching out into looking at GNBT, which should reveal all the other potentially positive aspects of the company. I'd hope they would then be interested in both.
So far, based on pps, that sure ain't happening!
I'm talking about true investors - people that are buying because the technology intrigues them and they think it has long term value. I believe those types actually do research into a company - and any dive into NGIO would reveal that it is owned by GNBT which will retain 70% or so of the company. That research should also lead to a little branching out into looking at GNBT, which should reveal all the other potentially positive aspects of the company. I'd hope they would then be interested in both.
So far, based on pps, that sure ain't happening!
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