my best friend had a very successful construction co until the great recession destroyed all work- his clients moth balled huge projects overnight
so eventually in desperation he got into pennies mar 2009 w no dd whatsoever other than playing the charts as many do
i had no interest in stocks whatsoever correctly sizing the marker as saturated w fraud
but he was going to lose the just built before the recession large house to foreclosure so he kept begging me to get into pennies w him so could use my profits to buy his extra land so he could avoid foreclosure-
i resisted for that 6 months of rising penny share prices- he said u could throw a dart and pennies would triple at that time so after employing proper decision making analysis i got in but he got us into 1 disaster after another as the penny market turned at that exact time and was taken over by shorters bashers
i said rupert -not his real name-almost all these penny co's u are playing are bankrupt because i would look at the financials - so i looked at thousands of pennies financials to try to find a real hidden gem
and when i found one otc pulled the ce slap and brokers dtc sec etc followed suit -never before seen at that time so nobody could predict it but that game is common now to force no info cos' to upgrade to current
another friend got me into NNLX in 2010 which i initially resisted also because biotechs are not my comfort zone and take forever - he said its already been forever
but the main stock i got in and was most familiar w had been a limited info co -dropped to no info before PR'ing re the enormous inventory they had-so pps was rising up to 85%/day for many days
so shorters called otc and falsely told them the co was running a massive newsletter promotion- otc slaps a ce on co's which PRs revenues or hires promoters when not current pink-so that made me very nervous when NNLX PR'd re revenues in july
otc simply looked at the charts as they later told me when i called them and assumed there had been a promo without any further investigation- since they are a for profit co and think every co should be at least pink current they slapped a ce
leading to a whirlwind of at that time never before seen round of restrictions by brokers and dtc so longs couldnt even sell their stock
so they pushed pps down from about where NNLX now is to .0001 while holding longs hostage due to restrictions without warning or due process
so longs like me who didnt get out before the restrictions lost all our investment
i saw NNLX was approaching the same no info transition to revenue situation and starting to PR re revenue -which OTC sees as a promo if they see those PR's or shorters call them
so i started explaining this shorter otc ploy dynamic so it would NOT happen to NNLX but leaders here didnt even know what a ce was and were attacking me as if i was attacking NNLX when they didnt even know anything about these now common things
1 long attacking me prevented anybody at that time from informing NNLX of the danger -it was insane
so i've had to diligently from time to time try to explain the dangerous no info transition to revenues problem to try to get it through thick heads so that does not happen to NNLX
so eventually in desperation he got into pennies mar 2009 w no dd whatsoever other than playing the charts as many do
i had no interest in stocks whatsoever correctly sizing the marker as saturated w fraud
but he was going to lose the just built before the recession large house to foreclosure so he kept begging me to get into pennies w him so could use my profits to buy his extra land so he could avoid foreclosure-
i resisted for that 6 months of rising penny share prices- he said u could throw a dart and pennies would triple at that time so after employing proper decision making analysis i got in but he got us into 1 disaster after another as the penny market turned at that exact time and was taken over by shorters bashers
i said rupert -not his real name-almost all these penny co's u are playing are bankrupt because i would look at the financials - so i looked at thousands of pennies financials to try to find a real hidden gem
and when i found one otc pulled the ce slap and brokers dtc sec etc followed suit -never before seen at that time so nobody could predict it but that game is common now to force no info cos' to upgrade to current
another friend got me into NNLX in 2010 which i initially resisted also because biotechs are not my comfort zone and take forever - he said its already been forever
but the main stock i got in and was most familiar w had been a limited info co -dropped to no info before PR'ing re the enormous inventory they had-so pps was rising up to 85%/day for many days
so shorters called otc and falsely told them the co was running a massive newsletter promotion- otc slaps a ce on co's which PRs revenues or hires promoters when not current pink-so that made me very nervous when NNLX PR'd re revenues in july
otc simply looked at the charts as they later told me when i called them and assumed there had been a promo without any further investigation- since they are a for profit co and think every co should be at least pink current they slapped a ce
leading to a whirlwind of at that time never before seen round of restrictions by brokers and dtc so longs couldnt even sell their stock
so they pushed pps down from about where NNLX now is to .0001 while holding longs hostage due to restrictions without warning or due process
so longs like me who didnt get out before the restrictions lost all our investment
i saw NNLX was approaching the same no info transition to revenue situation and starting to PR re revenue -which OTC sees as a promo if they see those PR's or shorters call them
so i started explaining this shorter otc ploy dynamic so it would NOT happen to NNLX but leaders here didnt even know what a ce was and were attacking me as if i was attacking NNLX when they didnt even know anything about these now common things
1 long attacking me prevented anybody at that time from informing NNLX of the danger -it was insane
so i've had to diligently from time to time try to explain the dangerous no info transition to revenues problem to try to get it through thick heads so that does not happen to NNLX
