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Posted On: 09/30/2019 11:31:35 PM
Post# of 40991
I am not sure what is your point. If you are an investor who lost money and don't believe in the company anymore, just give it up and move on. You don't have to be a lecturer on penny stock. You are not helping anyone by doing so. I will give an example. I know quite a few people who listened to the bashers and sold their shares to buy LAHO. Look what happened. They lost all their money. Some did the same thing with VRUS and made money, but that stock went down by over 40% recently. My point to you is that when an investor looking to invest in a penny and sub sub penny stock, he/she has already decided to be a high risk taker. If he/she does not invest in ONCI, they will invest in another stock that could be 10 times worse.
Just watch it play if you don't have something good to say. Don't lecture people. My interest in this stock is that I am long and strong. The bearish sentiment of investors did not give the CEO tie o breathe. Now he can breathe easily at this level defining the next step. He was hoping that the share reduction will create a positive sentiment. Instead, shareholders kept pounding the bid. When shareholders pound the bid, notes due become worth a lot of shares. If the share price was at 0.003, $50K is worth 33 mil shares at 50% discount. Now it is a factor of 10 higher at 333 mil shares. So, shareholder selling achieved the same profit to the note holder but the number of shares to do it was 10 times higher. Let's agree that we can't fight somebody like the Canouse who is in the business of high risk financials.
Just watch it play if you don't have something good to say. Don't lecture people. My interest in this stock is that I am long and strong. The bearish sentiment of investors did not give the CEO tie o breathe. Now he can breathe easily at this level defining the next step. He was hoping that the share reduction will create a positive sentiment. Instead, shareholders kept pounding the bid. When shareholders pound the bid, notes due become worth a lot of shares. If the share price was at 0.003, $50K is worth 33 mil shares at 50% discount. Now it is a factor of 10 higher at 333 mil shares. So, shareholder selling achieved the same profit to the note holder but the number of shares to do it was 10 times higher. Let's agree that we can't fight somebody like the Canouse who is in the business of high risk financials.
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