Posted On: 09/29/2015 2:08:14 PM
Post# of 75078
Re: Tombstone3821 #10104
There are a lot of us following, but most are not blindly doing so. I never felt malicious toward day traders, but I don't believe it should be legal to short companies until they have grown large enough to satisfy certain pre-determined financial qualifiers. Poor management is the opinion of some, and their true knowledge of where these guys should be at this stage of their development is controversial in my opinion. Poor investor relations is about the most I would agree with, but I expect that until there are net profits sufficient to take care of issues that constitute much greater relevance to the success of the company. Issues like product development, sales and distribution, debt reduction, uplisting, etc. I would expect investor relations to improve as they grow. They openly stated at the shareholders meeting that the auditing firm is notoriously slow. I think they could expect some backlash from that statement if it were false. Also, slow is good when accuracy is one of the reasons. There are plenty of smoke blowers just waiting to twist an error to look like fraudulence. Imperfections won't stop the show at this point without major blunders. I think we'll make money either way, trading or holding long, but I prefer to accumulate and hold. We don't have long to wait now anyhow.
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