I am in great puzzlement and wonder.
Have a good friend of many years who has been a very successful broker working his way from bread and butter firms to the biggest and best.
Last month I was trying to remind him that his favorite stock 2 years ago, General Magic, was going to move and he was telling ME about this stock.
Now this guy is the most conservative broker in the world. His idea of a high roll is to buy Motorola unless it is absolutely guaranteed to be poised for a move. He won't go near pennies and calls them sucker plays.
He has bemoaned every penny investment I've made and warned me about them, and says "I told you, remember..." over and over,
AND THE GUY OWNS THIS STOCK AND BELIEVES IN IT.
I donno. True story. HE was telling me it was a very good thing for me to get some position in and mainly because of all you've said, and because gold is in the hills still, and Sterling Mining Limited out of N.Y. just sunk, what, $20,000,000 into this company. His point--it HAS to be turning around finally.
Can't continue to go broke.
My source, whose firm will of course remain anonymous-- as to be mentioned here degrades their holy-among-the-investment-firms name--
says all he knows is that Sterling sure isn't looking for a tax writeoff in this. Even today he was steering me BACK to BCMD. He is my friend, not my broker and does not receive a penny from what I do.
I am confused and filled with great wonder, as I said. But this is a true story, and he owns some and believes it is going to pay off.
Again, this guy has never been in a penny stock that I know of. CAn anyone make any sense of this? |
