HJ, Tuesday morning I am going to invest 100% into any recent internut IPO I can find.
The secret to success, although William will never admit it, is to just pick ALL of the now-worthless internut IPOs that still have small floats. It doesn't matter. Their business plan, lack of profits, lack of revenues- NONE of it matters.
I repeat: NONE OF IT MATTERS.
The only thing that matters in this market, driven by daytrading hordes, is a small float. That's it. Nothing more.
The "blue chip" internut stocks have reached critical mass as far as float goes, and the supply of new shares by insiders outstrips demand. Money there is dead money.
The mania is about to start all over, and it will start in the only place that it can start- the worthless internut IPOS that still have small floats.
Just buy tomorrow. Most of these financially engineered get-rick-quick stocks will appreciate 4 to 5 times in value within the next month.
If William was as generous as he likes to describe himself, he would have come out and told the truth about why he made cash, rather than try to discuss why these companies really, truly, might someday 20 years from now turn a profit.
He should have admitted that a low float and ".com" is all you need.
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