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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="Saleen498" data-source="post: 16892660" data-attributes="member: 188778"><p>It's good for flipping. Dilution is heavy right now. The scam artist CEO is going to issue 5 billion shares total killing the price then do a 25 for reverse split in September. Most likely the price will play between 8 cents soon and a high spike of maybe mid 50 cents before September to lure in new bag holders before the R/S. My strategy with fgus is buy now, sell 60% on 90% runs. Happens every few months here. Leave the bag and see what happens. </p><p>As far as the product, No, I 1000% do not believe in it. I would never buy it and I dont think it will last. It it rebadged Chinese crap that they are throwing airbags in and stamping a VIN on. That being said, there are a huge amount of people who bought the Yaris and geo metro. This will be a cheap fill for a largely untapped cheap market that will eventually be replaced with a higher quality product by another company. I'm just there to flip pennies and hold someone else's bags until the production actually starts.</p></blockquote><p></p>
[QUOTE="Saleen498, post: 16892660, member: 188778"] It's good for flipping. Dilution is heavy right now. The scam artist CEO is going to issue 5 billion shares total killing the price then do a 25 for reverse split in September. Most likely the price will play between 8 cents soon and a high spike of maybe mid 50 cents before September to lure in new bag holders before the R/S. My strategy with fgus is buy now, sell 60% on 90% runs. Happens every few months here. Leave the bag and see what happens. As far as the product, No, I 1000% do not believe in it. I would never buy it and I dont think it will last. It it rebadged Chinese crap that they are throwing airbags in and stamping a VIN on. That being said, there are a huge amount of people who bought the Yaris and geo metro. This will be a cheap fill for a largely untapped cheap market that will eventually be replaced with a higher quality product by another company. I'm just there to flip pennies and hold someone else's bags until the production actually starts. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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