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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?

To: techisbest who wrote (27527)	8/14/2012 11:47:05 PM
From: MorningLightMountain	Read Replies (1) \| Respond to of 53574

Tech, even if "JBII beats the odds", what are the odds that regular shareholders will as well??? penny stocks are usually set up so insiders and cronies get their many pounds of flesh......we've seen outrageous "finders' fees", super voting shares, "arms length transaction", and no apparent rush so far to "just do it"... why do you think that has been the case???...think about it.... PS: if you knew in 2009 that "cash flow positive" was not going to POSSIBLY be until 2013, would you still have become a shareholder back then???

To: techisbest who wrote (27527)	8/15/2012 10:11:14 PM
From: the_big_guy	Respond to of 53574

"I only need to be right once." Famous last words. I myself was on the good end of a 500% gain on an OTC stock where I read news 1 year before on the stock and it actually transpired and drove the stock price up. It has never happened since. Unfortunately, the problem with the above is that the success stories are far outweighed by the bankruptcies and failures. It is like the casino, the odds are stacked against the retail investor. I no longer predominantly trade penny stocks (as in worth pennies) or even to try to catch companies as they turn profitable, which is how I used to play. I am a dividend, fixed income guy now in for a good gain over the long haul. Someone told me that was Value Investing. To me it is just common sense. And math.