$Innovative Eyewear (LUCY.US)$ you don't want to be in this ...
$Innovative Eyewear(LUCY.US$ you don't want to be in this company when they reverse split they're doing a 20 for one you're going to lose all of your leverage when it splits one down day you're going to get wiped out I would tell you dump what you got take your profit take your break even take your loss and move on you do not want to be in this type of company when they reverse split they have failed to execute up till now and they will continue to fail to execute doesn't matter what they are producing by the way this company only has like seven or eight employees that's it and they're out of a tiny little office in Florida and when I say tiny I mean like a three 400 square foot in Florida that's the whole company
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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wwwarrior : I agree you don't wanna hold during the split probably if you aren't long term on this but having low overhead isn't exactly a problem in 2024. I agree that they have to produce, but having a product, a way to produce it, and the kind of partnerships they have, seem promising. I like the idea of low overhead because it means it's scalable. Twitter was huge and barely took anyone to run it. it got bloated and Elon fired most of the staff when he took over and it runs better. So if they achieved what they did put of that tiny office with just a handful of them then I'm actually kind of impressed lol
10baggerbamm OP : pull a long-term chart on the stock it's a ski slope going from the Northwest to the southeast buying and holding has resulted in nothing but losses the few spikes that has had are not sustainable and the ability to try to tie in them is virtually impossible this is not the strategy for investing that someone should take because when a company reverse splits it shows they have failed at every level the only people that have made money on this were the few that were early the day before the spike and insiders who have sold continuously
Troll Hunter : man, that sounds a lot like financial advice. which is funny coming from a meme-shill. it's not like you actually know what you're talking about. you get paid per comment.
10baggerbamm OP Troll Hunter : do you know where this company is based out of why don't you look them up they're in a tiny office space about 3 to 400 square feet that's the whole company I think there's seven or eight employees that make up the whole company but you know what I don't know what I'm talking about so take your entire net worth which is probably what a 1000 bucks or something and put it all in this company because it's done so well for a shareholders you know more than me you're the man.