"That would be sweeeeet ! What do you need to know
Post# of 43066
Posted On: 01/29/2015 12:35:39 PM
"That would be sweeeeet ! What do you need to know ?"
Well, what bewilders me in penny stock after penny stock is what makes investors keep believing for so long.
In PTOI's case, Mr. Bordynuik claimed to have attained the world's first commercially viable process and, not only commercially viable, but to the tune of 90% gross margins. For whatever reason, investors accepted that premise without seeing any evidence of that value and that's fine.
But at that point there should be one thing which absolutely should worry investors and that's seeing any clue that Mr. Bordynuik is dishonest. If I were an investor who trusted, having the SEC bring up Mr. Bordynuik on fraud charges and seeing the SEC's written complaint would have rattled my thesis. Additionally seeing Mr. Bordynuik lie about Somerset, about full production, etc... all of those would make me strongly consider whether or not Mr. Bordynuik is a swindler who only claimed he had cracked the code to a commercially viable pyrolysis process so he could get rich just like swindlers in penny stocks do every day.
That's never the case, though. Investors are either too overly complacent or their thought process is different or something. I see penny stock after penny stock slowly die as die-hard investors proclaim their alliance for years even after trading rolls to a slow stop. I'm sure some are shills but I'm certain others are just believers.
Well, what bewilders me in penny stock after penny stock is what makes investors keep believing for so long.
In PTOI's case, Mr. Bordynuik claimed to have attained the world's first commercially viable process and, not only commercially viable, but to the tune of 90% gross margins. For whatever reason, investors accepted that premise without seeing any evidence of that value and that's fine.
But at that point there should be one thing which absolutely should worry investors and that's seeing any clue that Mr. Bordynuik is dishonest. If I were an investor who trusted, having the SEC bring up Mr. Bordynuik on fraud charges and seeing the SEC's written complaint would have rattled my thesis. Additionally seeing Mr. Bordynuik lie about Somerset, about full production, etc... all of those would make me strongly consider whether or not Mr. Bordynuik is a swindler who only claimed he had cracked the code to a commercially viable pyrolysis process so he could get rich just like swindlers in penny stocks do every day.
That's never the case, though. Investors are either too overly complacent or their thought process is different or something. I see penny stock after penny stock slowly die as die-hard investors proclaim their alliance for years even after trading rolls to a slow stop. I'm sure some are shills but I'm certain others are just believers.
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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.