Just one person I know of lost $22,000 on MTEI and SGNC. I honestly believe he would not have lost that money if your friends had not invaded that thread. Even Janice, after you guys did your damage, admitted to me that MTEI is NOT a scam, and SGNC received major funding from the Batelle Institute, so I doubt they are either.
Not only are you making an accusation for which you show neither solid proof, nor the logic which you are using makes any sense, therefore you invalidate your own statements, and further you sound like a "blue special fool".
The financial markets have two functions:
1. Facilitate the financing of those companies that seek such financing, for whatever purpose they may publicly state.
2. For Investors and speculators to attempt to make money.
THERE ARE NO GUARANTEES OF SUCCESS.
Neither for the companies that participate, nor for the investors and speculators who also participate.
Market makers give liquidity and facilitate the function of an orderly market.
As in any other business, they are businessmen and do what they do to make money, no more, no less. They are not here to please you, nor are they in business for charitable purposes.
As in any other activity, there are those who are ethical, and there are those who are not.
The price of a stock goes up because there are more buyers than sellers..... the reverse is the result of more sellers than buyers.
Penny Stocks, are "story stocks" (for the most part). It is each investor's responsibility to properly evaluate their investment and/or speculation. Obviously "news" influence the decision making process of people to buy sell, hold, or do nothing, but in the end, the price goes up or down because there are either more buyers, or more sellers, as applicable.
If you feel that the "potential" reward of the penny stocks justifies the considerable risk that exists in them, PARTICULARLY when they are not REPORTING companies, then be a big boy, invest in the damned thing, but if the "Risk" part proves its case, over the "Reward" part, then do not blame the world for your bad decision.
Period!
The claim that the SI Universe "promotes" the influence of a specific group of posters, who according to you, (without proof), are some kind of "Cartel" that are after specific stocks that happen to be of your "choice" is not only ludicrous, but further it is stupid.
The reason, in my opinion, that there are a number of people that counter your statements in the manner of posting in specific threads, or whatever, you deem to be "attacks", is done, in part to have fun at the lunacies and absolute lack of logic behind stupid decisions to place money in companies that range from the result of a dream of well intentioned people, to outright scams, as the case may be applicable.
Remember that the FREE MARKET is the ultimate and final judge, and for you to suggest (and express), that a group of individuals have the force to "influence" the stock price" is at best naive.
Even if we assume that whatever the hell is said in SI (and I am simply making such assumption to simply make a point), would "influence" those people you mention, all I can say is you people better give the money to professional money managers, because either you have no idea what the hell you are doing, or, worse, you are a bunch of cry-babies that can not take a loss.
Take the above post as simply my opinion, read it and think, I do not need a response, as I simply do not have the time to answer your response, I rather spend my time looking at charts of companies that make me money not silly dreams that the odds of them coming to fruition, do not justify the tremendous risk one takes in the process.
As a suggestion, look at the charts of companies where the risk is far less than the stupid trash that the majority of the pennies are. If that still does not convince you, then may be you should seek for a school that offers a course in sound logic and common sense.
The above is only my opinion.
And of course, I mean this in a good way.....
Z.
Consider the following as well.....
"All the leaders of groups tend to be frauds. If they were not, it
would be impossible for them to retain the allegiance of their dupes"...
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"One seldom discovers a true believer that is worth knowing."
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