Actually, I am pretty much of a realist, and see all the bad along with the good. I just don't dwell on the bad. Hope for the best, prepare for the worst, and when you have to shoot, shoot, don't talk.
I'm not the only one that thinks the SEC is out to get this little company, and it is a little company. Even TT, on national TV wouldn't refer to GE as even a Jr Mining Co., in his words more like a Jr, Jr.
Correction, I am not so sure that SEC is out to get GE, they may well be out to get someone though, RK and ME come immediately to mind.
I'm starting to think, why not let all these pennies just run? Gambling is legal in a lot of places, all types of gambling. So what makes a penny stock any worse than a slot machine, or any of the games where the odds are stacked in the house's favor? Who cares if some are scams, get in, get out, don't be too greedy. Who cares if one is pumped and dumped, get in, get out, don't be too greedy. Fraud, same deal, get in, get out, don't be too greedy. I'd rather lose, or make $$, on a good stock fraud, than be a retailer taking bum cheques (checks), or give $$ to some scam charity, or even some of the more legit charities where 80%+ of the $$ go to admin. than to those that need it.
Do enough of your own DD, move the odds into your favor, I'll make up my own mind whether to invest/gamble, I don't need the SEC, or anyone else, to protect me. Only I can decide where to put my $$, no one forces any of us to buy or sell these stocks.
Jim |
