Rising India soon to be Rising BiosciencesIs this a legit company?
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
Is this a legit company?
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
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I have been hearing a lot of discussion on this company and I was wondering if I should take the time to invest maybe a small position in this company. Does anyone have any ideas? Thanks in advance.
I have not researched the company, but from a quick skim of their website (and stock chart) it looks like opportunistic penny stock junk to me. If you’re interested in marijuana I’d look first at companies that actually have some revenue and file with the SEC or in Canada, trading in promoted and manipulated penny stocks often doesn’t go well for small investors.
It’s always possible that a tiny reverse merger penny stock can turn into a real company, and, as I said, I haven’t looked at this one in detail… but there are so many scams and junk companies that look just like this that it’s hard to justify digging much deeper unless you have a lot of time to kill.
Thank you sir.