"All my anger is towards the naked shorters and th
Post# of 43066
Posted On: 05/28/2014 12:33:57 PM
"All my anger is towards the naked shorters and the scumbags they employ to work these boards."
This poster should be profusely thanking the boogeymen whom he believes are keeping the price down. It gives him the opportunity to buy the only company able to turn garbage plastic into oil worth near West Texas Intermediate, at a tiny, tiny fraction of what such a technology is actually worth. Even if the 250M shares are put out there, the market cap would be $35M...and just one processor running at near capacity will net about $8M per year for an impressive 25% return.
People just have to believe that the too-good-to-be-true claims are really true
Personally I would say that the 97% drop in the share price was due to most investors entertaining the thought that the founder of this penny stock company claiming he is able to make crude oil at $10/bbl, but somehow unable to deliver after over five years, might be a fraudster.
Naturally there will be a proportion of the population who won't consider the possibility that they're being swindled and that proportion will hold the stock through all the losses and eventually find themselves needing some target for their anger. It's easier for them to think that shorters might be working 24/7 to try to extract the last $14k (maybe 100k shares short) out of the market than it is for them to think that someone might misrepresent a 'technology' to extract several million dollars out of the pockets of unwary investors.
This poster should be profusely thanking the boogeymen whom he believes are keeping the price down. It gives him the opportunity to buy the only company able to turn garbage plastic into oil worth near West Texas Intermediate, at a tiny, tiny fraction of what such a technology is actually worth. Even if the 250M shares are put out there, the market cap would be $35M...and just one processor running at near capacity will net about $8M per year for an impressive 25% return.
People just have to believe that the too-good-to-be-true claims are really true
Personally I would say that the 97% drop in the share price was due to most investors entertaining the thought that the founder of this penny stock company claiming he is able to make crude oil at $10/bbl, but somehow unable to deliver after over five years, might be a fraudster.
Naturally there will be a proportion of the population who won't consider the possibility that they're being swindled and that proportion will hold the stock through all the losses and eventually find themselves needing some target for their anger. It's easier for them to think that shorters might be working 24/7 to try to extract the last $14k (maybe 100k shares short) out of the market than it is for them to think that someone might misrepresent a 'technology' to extract several million dollars out of the pockets of unwary investors.
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(0)Plastic2Oil, Inc. (PTOI) Stock Research Links
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.