SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : JAB International (JABI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RealTruth who wrote (3136)3/2/1998 4:14:00 PM
From: Lord Smooth  Read Replies (1) of 4571
 
lessons learned from my Brush Creek Experience that may apply to any penny stock company.

#1) When investing in any penny stock, ask about past/current/future private placements that may dilute common shareholder value.

#2) Ask about warrants, options, preferreds, convertibles, "floorless" convertibles, etc. etc. that may dilute shares.

#3) Ask if a penny stock company is issuing shares to pay for services.

Having had no experience in penny stocks till now, it never occured to me that shares outstanding could double overnight. Well, now I know. There are obvious other lessons, as in listening to your inner voice of common sense telling you "no, no" even when the market seems to be saying "yes yes." This company had a track record of promising big and disappointing big. Blah, blah. We all know what we learned. Pick pennys for momentum and high risk high reward. Nothing else.

Have a good day every one...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext