Jun. 12 at 4:08 PM
$MRMD I'm not an investor but am following. Many investors on here wonder how the heck shares are sub 20 cents. Here is my understanding, please comment what I am missing:
1. It was taken out of that ETF (I forget the name), which meant selling shares aggressively into an illiquid market.
2. It used to be true bottom line /cash flow positive, now with its expansion that is no longer the case. Not saying this is bad, but there were only a few names that could say as much,
$GTBIF and
$CXXIF come to mind and have outperformed in the down markets. Losing that status means losing the outperformance in down markets.
