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Microcap & Penny Stocks : QDRX

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To: Jim Mills who wrote (3232)12/9/1997 5:32:00 PM
From: Brent  Read Replies (1) of 3977
 
Jim, I think you would be crazy to buy more shares. I know this contradicts my prior position, but I have had a change of heart. I am holding what I have and praying for a miracle, but I don't think it will come.

IMO, Palermo is an idiot and he is milking us for our money. (Maybe I should say unscrupulous genius, if he is an idiot what does that say about me for investing in him) I am almost starting to take it personally. He has been promising a TM Deal for how many YEARS now? This stock is down 80% for the year!

Don't let your hopes drive your investment decision. We all hope QDRX will land the deal and the price will go to $5 a share, and you think 'if buy xx shares at .2 and it goes to only $1 I'll have XX!' I've gone through that with QDRX and another penny LBGF, but both have been total and complete busts. BTW, I lost 99% on LBGF (typing that makes me feel like a total idiot!) and it looks like QDRX is headed in the same direction. Both had great ideas, but no results.

I know its not as exciting as investing (gambling) in some penny stock you think may skyrocket, but if you are like me, I would gladly accept my original investment back (Heck I'd take half right now!) and walk away from QDRX if I could. Some of those big boring stocks that are huge have had some pretty good returns. Dell up 400% this year alone!

Put your money in some company that is already making money and let it sit there for a couple years. You'll be much happy.

Now, if only I could follow my own advice!
Brent
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