It's become clear that anticipation builds for a $
Post# of 154003
(Total Views: 442)
Posted On: 12/11/2020 11:26:24 AM
It's become clear that anticipation builds for a $2-$3 stock prior to the CC's. This is especially true when the news cycle supports anything positive concerning mitigation of COVID.
Unfortunately, NP never fails to disappoint. CYDY "long-haulers" (and I use the term with full respect and concern for literal long-haulers) can be encouraged that enrollment is nearly completed for CD-12. Hints of minor progress or new initiatives inside or outside the US are mildly interesting. However, to the new speculator, who thinks $2-$3 is cheap, the disappointment results in a quick sale of shares until the next CC.
Furthermore, the final presentation regarding uplisting to NASDAQ was downright discouraging, not just disappointing. We long-haulers are accustomed to the dance. We may have sold a few shares on the bounce and then bought them back on the inevitable drop, but the newbies flat out sold.
Finally, NP does not come across well during these CC's. I believe he is a passionate, committed CEO. I would probably enjoy having dinner with him and we might even become friends. However, on the CC's he is often difficult to understand; the hand-offs to other team members seem awkward; and he often seems impatient during the Q&A, as if he had something better to do.
This pattern will continue until NP has genuinely, unambiguous good news that comes with $$ attached. All that being said, I would rather participate in the (disappointing) CC's than have little or no communication from mgmt.
Unfortunately, NP never fails to disappoint. CYDY "long-haulers" (and I use the term with full respect and concern for literal long-haulers) can be encouraged that enrollment is nearly completed for CD-12. Hints of minor progress or new initiatives inside or outside the US are mildly interesting. However, to the new speculator, who thinks $2-$3 is cheap, the disappointment results in a quick sale of shares until the next CC.
Furthermore, the final presentation regarding uplisting to NASDAQ was downright discouraging, not just disappointing. We long-haulers are accustomed to the dance. We may have sold a few shares on the bounce and then bought them back on the inevitable drop, but the newbies flat out sold.
Finally, NP does not come across well during these CC's. I believe he is a passionate, committed CEO. I would probably enjoy having dinner with him and we might even become friends. However, on the CC's he is often difficult to understand; the hand-offs to other team members seem awkward; and he often seems impatient during the Q&A, as if he had something better to do.
This pattern will continue until NP has genuinely, unambiguous good news that comes with $$ attached. All that being said, I would rather participate in the (disappointing) CC's than have little or no communication from mgmt.
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