Video about spawner investing (long term 10x-100x companies), in your opinion does ALPP fit the definition?

Asking that question here is like going to church on a Sunday and asking midway through the service, "in your opinion did Jesus exist?".

Firstly, like many penny stocks, there will be a number of people who have 10x their original investment. So you could argue from that perspective ALPP does fit the description.

Will ALPP 10x from here? Perhaps. But it's a long long way away. The reason why penny stocks run the way they do is because it's mainly driven by retail who are up for a gamble.

ALPP will shortly be relying on "smart money" to drive the price that high.. For that to happen, it needs to see an exponential increase in profitable quarters or an enormous increase in revenue. They'll see through Kent's forecasting and Shareslanger's deluded messages and just look at the fundamentals (10q/10k) which aren't great and need to improve; it's not penny stock world anymore.

When you start to fantasize about ALPP hitting $10, just think what other stocks are available for the $10 mark. Do that again for the $15, $20, $30+ and compare their fundamentals. We ran to nearly $10 at the start of the year but that was purely driven by a crazy amount of retail fomo in an INCREDIBLY bullish market where you basically couldn't lose money. Whether NASDAQ happened or not the share price was likely to drop back anyway as that level wasn't sustainable. The bubble would have burst and might have even been hammered worse by short attacks/articles.

There's plenty of impartial information out there on ALPP. If you genuinely want answers and not confirmation bias, don't look for them here or on Stocktwits.

/r/ALPP Thread Link - youtube.com