He feels that shorting should be OUTLAWED. NOTHING must stop him from getting rich rich rich......
.....well, it is an AMAZING company. First they did Frozen Babies, but it didn't work out because they couldn't reanimate 'em, but never mind. Now they do Immortal Shrimp and a Cancer Cure.
Well Janice....
I reviewed the web site; I read some of the thread posts, read his profile, (which by the way, he seems to contradict himself in the "Not averaging down theory".....)
May be I view things in a very simplistic way, or I am a mere stock mercenary, or may be I have no idea of anything... but, the only result I can come up with, after doing all of the above, plus go back and take a peek at the charts, as they are the maps in the treasure hunt we all are engaged, (I so presume at least), is as follows:
The bottom line is I have two theories:
1. One, the Company is a scam...
Hints:
* Nevada registration... that alone is a red flag.
* Non-reporting
* Complicated technology, highly technical terms, and no real attempt to explain in laymen's terms, what exactly is it that they do.
* Somehow unrelated "lines of business" Frozen babies (curry & taco sauce flavors etc.), then Cancer prevention, aging, aging skin, and "shrimps" ????
* No real attempt to validate their claims by third party (neutral) and recognizable entities.
* Potentially "valid" businesses, and most importantly, "altruistic" treatment of their objectives.
2. A bunch of idiots is following it.....
* SI thread with all the trimmings, (and characteristics) of the hypesters, whether they do this on purpose, or out of their (ignorant based) enthusiasm, at this point I can not determine.
* Same goes for the "faithful followers"
All of the above relate to ONE simple fact:
The STOCK PRICE, where is it ? Moreover, where is it likely to go?
In addition, the basic question that for some reason people seem to simply refuse to ask themselves, (I assume out of ignorance and their own Greed).
What is the relationship of the exposed risk in terms of the "potential" reward?
On that basis alone, if one were to answer such question, I believe there are very FEW (if any at all), penny stocks that it is worth even spending the time reading the damned "web site"
And of course the best of questions:
Is this stock capable of making me money ? (after due consideration of all of the above).
A third theory is a combination of the first two......
Based on the above, (and shooting from the hip, as a brief example,) I like LU, MSFT, ORCL, CSCO, SCH, IBM, JPM, WCOM, and the like.
Based on the time needed for research, (or rather, searching for, the needed material to execute proper research), in these pieces of parc, that the pennies are.
Alternitavely, I would rather spend the time trading the above bluer chips..... and let the idiots do their thing with the penny stocs!
Safety above all, profit will come once you learn what you are supposed to do....
These hypesters and their whining remind me of the losers in any sport....
It was the sun in my eyes, the ball hit the post, the rain, I slipped in the wet grass, the referee gave me a red card, or the trainer suffered a psychotic menopause of the right testicle.....
They are similar whines of:
These evil shorters, the mm, the SI Moronia Police, my dog peed in my leg, the broker is in cahoots with all of the above, I ran out of money, and could not buy when it was at lower prices.
Of course, the mother of all the moron statements.....
"Have faith, at these blue special price levels, I will be buying more, to average down".
Anyway, just some rants after reading your suggested items.
Personally, (as I expressed before), the small investor should be thankful to the Moronia Police. After all, they do provide a public service, and in addition, it is fun to read!
Of course only my opinion.....
Z.
"...the proof of an idea is not to be sought in the soundness of the man fathering it, but in the soundness of the idea itself. One asks of a pudding, not if the cook who offers it is a good woman, but if the pudding itself is good." |
