Monday, September 19, 2016

Biggest joke of a stock: GBSN

Grab the popcorn, sit back, and watch. I've been watching this one for awhile and I LOL literally every time I check it or listen in on conference calls. Multiple huge revers stock splits, consistent daily drop of 10-30%, total management compensation at almost as much as total revenue, "profitable by 2018." Drops 95% every few months.

Follow the management team after the company collapses, as they will move on to other ventures worth shorting.

If I had gambled $1000 when I started watching it two months ago, it would be worth less than $50 today.



Submitted September 19, 2016 at 03:51PM by andrewpalmerusa http://ift.tt/2d35FRz

No comments:

Post a Comment