<<First off, I think KG4 has gone over the top in his criticism of you.
>>
He claims to have 3.5 mil+ shares with a .04ish cost basis...the stock goes up to .35.....he does not sell a single share...has all his money sitting in this one pink sheet basket....You think that is smart?
Yes, I am critical of anybody that claims what he is claiming....anybody...and I mean anybody....that has all their money sitting in a pink sheet...with over 3.5 mil shares....and it goes from nothing to .35, would be taking SOME profits at least. Not doing so is ridiculous. I think it is very stupid to have a ton of profit in a pink sheet stock and not take at least some of it off the table. Question, Jessie..if you had 3.5 mil shares at .04 and it went to .35, would you still be holding ALL of your shares? I dont know about you, but most sucessful investors would have taken HUGE profits while they were there and left FREE shares on the table.....an absolutely no lose and guaranteed get rich scenario..... he has 3.5 mil shares....currently not a penny of profit booked. I have FAR LESS SHARES and I bought at .145 and .125ish, not .04- yet, I did sell above .30 and I now have a guaranteed profit and plenty of free shares to ride....FRankly, I would much prefer to be in my shoes, then his, regardless of his millions and millions more shares he owns then me...I am currently in a no lose situation. profit is booked..it can go to zero and I will still have a nice profit..if it goes up, profit will be that much more....meanwhile, this guy has ALL HIS eggs in a pink sheet basket and is not smart enough to do the math and take some off the table between .15 and .35 after such huge % gains on 3.5mil shares??? And after not selling ANY above .30, he buys more between .15 and .195?? Sorry Jessie, I am very critical of such ridiculous investing methods......and ya know what...IF SPRL shoots to the moon, no doubt this guy will be saying " I told you so", but the bottom line is if it does shoot to the moon, I too will be making MORE profit then I already booked..meanwhile, I have nothing to lose...so, even if sprl does shoot to the moon, I would not change my investing methods or think what strats strategy is, is correct...there are no guarantees and he is foolish IMO, when he could have booked huge profits and left a mil or 2 free shares on the table, to not do so.... |
