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Topic	Got $2.5k to dump into an investment, what do CE?
littlebro07 11/27/20 3:31:28 PM #20:	Solid Snake07 posted... Yeah, the penny stock with a market cap of 122 million and an enterprise value of 225k that has a trailing 12 month eps of -$4.75 is a "sound investment". They've got about 5 grand of cash on their balance sheet(LOL!) And 233k of debt with a negative net cash flow of -$350k Let me clue you into how people make money on stocks like these. They buy them, then they tell their audience to buy them to pump up the price which is only possible because it's such a small cap company, then they sell them and leave their followers holding the bag. Whoever told you this was a good investment is either conning you or and idiot who is also being conned. Do you know about the merger that's about to close, or the certain special lab they're moving into next Tuesday? Maybe it won't amount to anything but worst case scenario I'm out $700. The research supports it being a good one though so we'll just have to see what happens. --- https://i.imgtc.com/MGGa6Os.gif <cite>littlebro07 posted [p:947667832] in Got $2.5k ... [t:79139081]...</cite> <quote>Solid Snake07 posted... </cite> <quote>Yeah, the penny stock with a market cap of 122 million and an enterprise value of 225k that has a trailing 12 month eps of -$4.75 is a "sound investment". They've got about 5 grand of cash on their balance sheet(LOL!) And 233k of debt with a negative net cash flow of -$350k Let me clue you into how people make money on stocks like these. They buy them, then they tell their audience to buy them to pump up the price which is only possible because it's such a small cap company, then they sell them and leave their followers holding the bag. Whoever told you this was a good investment is either conning you or and idiot who is also being conned.</quote> Do you know about the merger that's about to close, or the certain special lab they're moving into next Tuesday? Maybe it won't amount to anything but worst case scenario I'm out $700. The research supports it being a good one though so we'll just have to see what happens. --- https://i.imgtc.com/MGGa6Os.gif</quote> ... Copied to Clipboard!
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