Trace, you said...
I know you are trying soooo hard but as in your other posts there are flaws in your reasoning.
Yeah...I know...I guess I'm just a flawed guy. You should see my golf game!
First, it is true that it did start at .03 and go to .60, before it fell to the present level, But isn't that where the term PUMP AND DUMP comes from.
Actually, "pump and dump" refers to a group of investors hyping a stock and making outlandish claims for the purpose of driving its price up and then "dumping" it at a profit. While that may have occurred here, I have no knowledge of it. I personally have not witnessed any "pump 'n dump".
Quite possibly it may get PUMPED UP again, but judging by what I have seen here, I would expect it to get Dumped again.
I believe only good solid operations are going to move this stock. That is what I'm here for.
Second, not everyone is a long term investor.
That is true. However, I still stand by my assertion that if anyone invested grocery money in this company (or ANY OTC-BB company), they're a friggin' idiot! Detroit over Green Bay on Sunday was a sure thing also. Yeah...right.
In fact one could question the philosophy of a person betting his retirement money, money that he will need to be there when he is old and feeble
Actually, investing funds that you have 30 years to recover in a risky venture is far more brilliant than using money you need in 5 years for a house. Like I said, if my GLOW holdings end up down the crapper, I will have totally recovered them by the time I retire.
on a non reporting BB company that purports to have ties to some Caribbean ISLE. Rather one should be playing with extra $$ that wont be missed if it is lost.
PRECISELY!!! I have not even come close to the peak of my earning years (READ: SAVING YEARS) and I have invested about 5% of my entire portfolio in GLOW. The point I have been trying to make to you is I AM playing with "extra $$ that won't be missed if it is lost"!
Third... you may not care if the price drops 85%, but 85% is only 15% from 100%
First of all, I sincerely doubt there was more than a handful of trades that went through at $.60. Very few bought in at that price and it was a very limited window of opportunity for sellers. Just because the price is off 82% doesn't mean it's now a bad investment! NSCP was off of its high by 81%. I jumped all over that like a cheap suit! IMHO, it was a GREAT buy at under $18!! (Just a little tip about investing: buy low and sell high!) ;-)
In other words, in a BB stock such as this, with this type of activity a normal reaction would be to wonder if it will go belly up.
Actually, OTC-BB stocks are inherently more volatile than blue chips or even NASDAQ stocks. I'm certainly not concerned about NSCP going belly up!
That being said I do enjoy your posts.
Thanks! I enjoy smacking jaws with you.
GO BIG RED!!!
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