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Posted On: 07/06/2017 10:15:03 AM
Post# of 4940
Been in a ton of pennies and understand the fear of all, as most are purely scams or awareness....this is not that.
Most pennies are filled with toxic convertibles where an insider is dumping when any buying is occurring, that is not this
There are no convertibles and given the current share structure and the volume over the past month.....this is establishing solid floors with every move. Higher lows and higher highs....the sign of a solid investment. I understand it is a penny and should be viewed as such, but his security does not have so many of the negatives of other pennies....number one being no debt and no convertibles.....
In short, there are more solid hands holding the security on a daily basis....eventually you will get a liquidity issue and the price will go parabolic...
Most pennies are filled with toxic convertibles where an insider is dumping when any buying is occurring, that is not this
There are no convertibles and given the current share structure and the volume over the past month.....this is establishing solid floors with every move. Higher lows and higher highs....the sign of a solid investment. I understand it is a penny and should be viewed as such, but his security does not have so many of the negatives of other pennies....number one being no debt and no convertibles.....
In short, there are more solid hands holding the security on a daily basis....eventually you will get a liquidity issue and the price will go parabolic...
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