OT>>> Wow. I had no idea I would strike such a nerve.
Furthermore, P and Ds dump. I hold. I have held USTI since Joe Copia discovered it many months ago. I intend on holding most until I see the other side of 1.00. Once a stock gets up near a dollar, it is extremely rare for it to continue on to 5 dollars, etc. and the downside is greatly increased.
Oh, absolutely USTI has no more book value than the typical internet stock.
As for "what kind of person" I am...I need not defend my reputation. Suffice it to say that in the course of regular DD, I often uncover scams within popular pennies traded on internet. So when I see a mis-quoted figure, I jump all over it. I do this on stocks I don't even own. Check out my MIDL, CNHH research. I never owned either and never would.
Sorry if you were stating what you thought to be correct. Pennies are loaded with frauds and scams. I happen to be one that believes that these should be exposed whenever possible. This makes me VERY unpopular with brokers, IR reps, crooked officers/insiders, short naysayers, P and Drs, paid hypesters and PR writers. That does not bother me, because I get many thanks by private investors.
So while I apologize for jumping all over you, I do not apologize for the reasons for my "overreacting."
USTI has lasted 20 years...rest assured it will survive these debates.
Rande Is |