Global lock - just a game of spinning yarn?
Post# of 1609
here is my opinion about piece no. 1: "Global lock - just a game of spinning yarn?"
In the last weeks many words were spoken. By the way - at this moment there should not be any member amoung our group knowing if the global lock would become effective or not.
Being hit by a global lock is everything else than a pleasant surprise. It is possible that the money we have invested might only be available with restrictions.
A wise man said: "Never invest money you cannot afford to loose!". Anyone should consider this - especially regarding the OTC. With that said, you should ask yourself: How important is it for you to be able to sell an OTC stock you have invested in at any time?
In my opinion, you should remember that there is an interesting second side of the coin nobody might have pointed out so far: If the common shares cannot be sold - they cannot be bought either! Who might be able to buy a large number of shares while a global lock is effective? If you would be interested in buying Solos completely, what would be your matter? Would it be the case of an existing global lock or the reason behind that?
So, if anyone was confident about Solos being a honest company all-in-all, he could afford to take the unquestionable high risk for a potential high reward.
How do you think about my opinion?
Sailor