what do you think of plurilock and firan technology group?

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just wanted your opinions

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Asked on December 4, 2022 9:17 pm
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Plurilock seems like a very interesting technology. But for me, I'd rather catch one of these on the upswing when they are way more established than invest now. The balance sheet is pretty weak, as it will be for any nano-cap stock. I think once we get back into a risk-on investing environment, these stocks could see some big upside but honestly, if your plan is to buy and hold with a 5+ year time horizon, these stocks are very speculative, and if I were to buy one of these it would be money that I would be more than comfortable losing. I'm talking like.... 0.1% of my overall portfolio. Or, I would simply add it to a watchlist and revisit it when it's market cap is $200M+, if it gets there. Plenty of companies provide large returns for investors at that stage, so we don't necessarily always need to get in on the ground floor.

As for Firan.... There's nothing here that really motivates me to buy the stock. It does have a stronger balance sheet, but it has also posted its third straight year of revenue and net income declines. This isn't really what I want to see from a nanocap company. Profit margins are also ultra-thin for this one in the low single digit range. Again, I'd rather just revisit this when it becomes more established (if it does) and think about purchasing then.

Short term price movements if a recession is avoided and the market becomes more risk on"", these can definitely move up in price in a big way. However, with a 5+ year investment thesis, significant amounts of speculation with both of these.

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Posted by Dan Kent
Answered on December 5, 2022 4:55 pm