Really I hope some understand that they could use a lot of the funds to buy raw materials before end December have a very negative 4c explain it via all the excitement generated and then slowly use up the raw materials over the next almost 3 quarters and present positive cash flow 4c's at each one as they draw down on raw materials thereby suggesting they are more profitable then they actually are.
Really I think that most of us - me hugely included are motivated by greed. I am loath to sell -out purely based upon FOMO.
Bottom line I should never have invested here but now I am I really am only motivated by thinking I am at a casino and I may have the lucky ticket/number...
I am totally irrational when it comes to this stock.
Does anyone believe that they didn't have all of these facts at the AGM. I don't.
Actually given that its a year after announcing Pegasus and to date we have no confirmation that they have taken any sizable volume - This could just be money to supply Pegasus with a contract announced a year ago...
I cannot believe that we all believe. We seem to suggest that Pinto is a problem , yet Pinto didn't make these outrageous announcements last year. He didn't break my trust - the gap between actual results and announcements broke my trust. They go through sponsoring brokers like I change restaurants...
FOMO has me in its grip...
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Open | High | Low | Value | Volume |
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2 | 200099 | 0.009 |
2 | 182600 | 0.008 |
1 | 200000 | 0.007 |
2 | 1000032 | 0.006 |
Price($) | Vol. | No. |
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0.012 | 186887 | 5 |
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