Hello to all our Million Dollar peeps! As always, I hope this message finds you all doing well, and business is booming (unlike ModivCrap stock)!
My apologies, folks, about a year ago, when ModivCrap stock was hitting $31 per share, and ModivCrap was raking many of you over the coals as per usual, I JOKINGLY suggested you should stop working for ModivCrap, go work at a gas station, and just invest your paycheck in ModivCrap stock and make more money.
In theory, back then, my suggestion would have been true, but I hope none of you followed my advice because ModivCrap stock is hitting new lows and has become a $.90 penny stock! See below.
Man, consider their stock downfall.
On September 3, 2021, ModivCrap stock hit their all time high of .... wait for it ....$204.04.
Now, almost 4 years later, their stock is a penny stock at less than $1.
Why do I share all of this?
Well, first, their stock underscores what I call them - CRAP!
Second, desperate people (and businesses) do desperate things! Don't be surprised if/when ModivCrap further starts squeezing more and more of you.
Declining stock prices can make it more difficult for a company to raise capital which can, obviously, adversely affect cash flow.
Third, can you imagine ModivCrap employees who were given stock options? Well ..... uhm ..... err ...... ah. Quick look over there! Change the topic.
I love it. Markets are up, honey pots are flowing, and ModivCrap stock is tanking.
But hey, what do I know?
See you at the Top! Joel E. Davis |