This is an IPO.
I have read everything I can about this company
It trades on OTC American exchange and on the Canadian exchange.
It's a thin stock but I have a few hundred shares because I think it will be making big waves in 2021.
It broke its down trend, which almost means nothing when it has such a short history.
It's hard to get filled on this ticker, but put in your limit order ($1.62 is value area at this time) and just wait for it to fill.
I also recommend you do your due diligence on the company
My opinion is below
this is what i like most about it.
1. in my first career i was mechanical engineer and specifically was one-use invasive medical products manufacturing (injection molding plastics); I have a lot of plastics knowledge
2. you cannot recycle yogurt cups or the crunchy containers that raspberries (for example) come in
3. they have automation and throughput working to meet current demand (according to them)
4. someone bigger will scoop them up (love a good buy out)
5. my ultimate take away: if this works for coffee, where does it end?
on the con side, my concerns are:
* they struggle to meet demand
* they have mislead investors with how ready they were
* contracts that are signed could be small
* offset price savings due to cost of transporting the cups to the where the grounds are filled
* technology cannot be used for anything viscous/that contains moisture (like yogurt)
I have read everything I can about this company
It trades on OTC American exchange and on the Canadian exchange.
It's a thin stock but I have a few hundred shares because I think it will be making big waves in 2021.
It broke its down trend, which almost means nothing when it has such a short history.
It's hard to get filled on this ticker, but put in your limit order ($1.62 is value area at this time) and just wait for it to fill.
I also recommend you do your due diligence on the company
My opinion is below
this is what i like most about it.
1. in my first career i was mechanical engineer and specifically was one-use invasive medical products manufacturing (injection molding plastics); I have a lot of plastics knowledge
2. you cannot recycle yogurt cups or the crunchy containers that raspberries (for example) come in
3. they have automation and throughput working to meet current demand (according to them)
4. someone bigger will scoop them up (love a good buy out)
5. my ultimate take away: if this works for coffee, where does it end?
on the con side, my concerns are:
* they struggle to meet demand
* they have mislead investors with how ready they were
* contracts that are signed could be small
* offset price savings due to cost of transporting the cups to the where the grounds are filled
* technology cannot be used for anything viscous/that contains moisture (like yogurt)
better not bitter