Posted On: 05/25/2016 8:21:54 PM
Post# of 74803
Don't get me wrong, I'm not scoffing at day trading. Everybody has to make a living and I partake myself off and on. I don't care for traders using lies to manipulate stock prices though. Innocent investors get hurt by that low down tactic, so I hate BS pumping and bashing. Mostly bashing because it also hurts start up companies. The SEC has taken some early steps toward cleaning out the gutters, but they have a long way to go. Some of the advise you might see however, isn't legitimate. Some people expect investor relations like you would see with a bigger company, already up listed and fully reporting with a few years of quarterly reports behind them. This company hasn't even been officially up listed yet. We'll see that any day now, but the answers are on par for a pink sheet start up without an office for every different segment of the business. Just a handfull of employees working hard to build the brand and winging it on the investor relations. We'll be fine, but some will get you nervous over "issues" that you need not be worried about. I don't disagree with setting stop sells to protect yourself, but keep a close eye on it so you don't save a couple of thousand and lose out on $15k when it pops with a blind sider!
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