Nope.. I couldn't take more of the daily dilution beatings
Nope.. I couldn't take more of the daily dilution beatings and sold at .003. Ran off like a little schoolgirl.. I am down over quarter mil because I didn't take profits.. So, I got scared and left at .003.
The reason I believe in going big is because I feel most of these are cyclical how they trade. They go in spurts. My philosophy is to avoid that and ride up an uptrend. Like MRIB is seeing now.. then get off the bus at the top of the hill.
I didn't do that with MRIB last spring. But pretty much a given ppl make mistakes when they are first investing.. This is truly my first penny so I didn't know about A/S increases, PRs about contracts / MoneyTVs and bashing etc. or even about dilution..
There are only three OTC that I care about now: MRIB, BLTA, and MINE. All three are in a holding pattern as they have huge upsides.
MRIB still has some common sense GOOD things going on:
- still in Costco.. Costco is still selling. National expansion?
- still think Marani is better than the distilled crap for sale in my local Kroger and grocery stores
- Margrit has changed her communication style - trying new things
- still a possibility that Margrit will ship something internationally.
- There is probably something up Dan and Margrit's sleeve that is in progress.. Good things do take time.
Bad things that hold me back:
- Just feel Mexico was abandoned without any explanation and was ignored in that list of accomplishments that Margrit read off
- Need a more transparent financial 10-Q released.
- Hard for me to trust Margrit anymore about so many PRs that have been "not fulfilled" is a good way to describe IMO.
But, MRIB is looking hot and hope it takes off. I have some real life friends who are still sick and wont even talk about it and still down 95%. One guy bet his entire retirement to buy a 4-5million shares and his account is only worth a few thousand now.. These 50% gain days look huge, but need more jump..
Marani Brands Inc (MRIB) Stock Research Links
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