Dec. 26 at 6:25 PM
$GEVO hate to say this but part of the reason the stock is down a little today is likely bc the profile of many folks that own this stock (more specifically folks that buy ”penny stocks” in general) are often times folks that roll the dice on
$2 stocks with the money they maybe need for monthly expenses and are likely now in need of money after the holiday. Again, I dont want to offend anyone and Im obviously an investor in GEVO as well. However, if you look at this from a logical standpoint and make some common sense assumptions, Penny stocks definitely have a higher percentage of investors that meet this profile than say people investing in all blue chips. I know many folks here have very large portfolios and a lot of diversity with blue chips etc. I’m not trying to categorize or offend anyone. I’m just saying there is a portion investors that would be selling for that very reason that I mentioned at this time of year.