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Microcap & Penny Stocks : Brisio Innovations Inc. -- Ignore unavailable to you. Want to Upgrade?


To: ayeyou who wrote (1839)12/12/2015 9:12:09 PM
From: TopdogRead Replies (1) | Respond to of 1952
 
What's riskier? A company LRL with a CRA issue and questionable business venture such as getting into building wooden trusts which has very low margins. Or IBH which has a very profitable business and now a multi billion dollar company agreeing to build a new $15 million plant(approx twice the market cap of IBH currently). IBH put no money into this venture and will just get a royalty. No moving parts just cheque a in the mailbox when product is made.

If I wanted a trust making company I would just look in the yellow pages. I would look for one without CRA issues as well.

My point was at the time was IBH is much less worry free than LRL. I stand by this point even now.

As for the stock price falling that's the market. Everything has fallen. Some more than others.
I can tell you I am buying right now. The longer it remains weak the more I will buy.
You want to buy when great companies are on sale. I have recently bought RW, HTL, IBH and I am on the bid for BZI.

BZI has fallen in price hard. This is why it's very important to diversify. The stock market can be a cruel place. You buy the stock drops and its psychological. You sell and the stock goes up. Again psychological damage. It's important to try to remain balanced during the good and bad times. That being said don't blame someone for your misfortune. It does no good to anyone.
I know you and I have butted heads. I hope sincerely that 2016 is a great year and you can bring great value to our threads. This goes for everyone here. We should not be here to try to cut someone else out at the legs. We just have to try to learn and grow from our mistakes.

All the very best.



To: ayeyou who wrote (1839)12/12/2015 11:46:17 PM
From: pinchednerveRead Replies (1) | Respond to of 1952
 
ayeyou - you hit the nail on the head with this:

"If there ever is a circumstance where a trader is to blame it is when they blindly follow what they consider to be an "expert" or a guru because once someone surrenders his own opinion to that of another for that alone he must take the "blame"."

There are millions of informational feeds for investments, newsletters, professional investors, brokers, etc. etc. etc. and the moment we hand over our own accountability for a stock performance and blame someone else, we hand over our chance to learn from the experience and become victims. No one is trading your accounts for you, especially in the micro-cap space. And you don't book the loss until you sell as we all know.

Just take 100% accountability for your actions and work in your level of comfort - everyone will have a different set of investment criteria. Your criteria is yours, unless you give your money to a money manager.

I have put a significant portion of my portfolio into BZI, and even though it's down, I am comfortable with the management and potential upside. I bought a very large position from $0.075 to $0.18, now I am buying at $0.05. This is a path, not a destination. Sometimes I allow myself to feel like a victim when sh*t happens, but I know I can either feel sorry for myself or try to learn and make myself better. The lights will stay on for BZI and Paul will do what he does best as time goes by, there are many fantastic companies trading at lows right now.

When BZI was at $0.30 it was a non-profitable, pre-revenue App Start-Up in a frothy market. There was a lot of risk in the venture at that time, we need to do our DD to understand if that type of risk is okay for our personal portfolios. He has embarked on a new business direction, but that takes time too.

I try to get better at my own reactions all the time to events that are out of my control. Thanks for this discussion in a market that has changed quite a bit from a year ago.

PN