It's June now. The time is rapidly approaching whe
Post# of 75011
Posted On: 06/13/2015 9:06:19 AM
It's June now. The time is rapidly approaching when all cards will be on the table.
Also, remember, we haven't seen the true price of this stock for nearly two months. It has been artificially deflated.
First, when excitement built, the stock climbed to 0.25. OTC Markets decided that there was absolutely no way that a penny stock could perform that well, and MUST be cheating, so they slapped Caveat Emptor on it and it took a ridiculous crash. Some investors didn't even have the option to ignore the warning. They were literally prevented from buying it by their "nanny" broker services.
Then there was a huge sellout on Amazon, which should have been a good thing. Right? How could selling out of a product possibly be bad news? Well with Amazon, it was. Instead of sending you to a link showing the product was out of stock, they simple removed it from their search engine entirely. Anyone outside Amazon would simply see that it had disappeared. This opened the doors for an infinite amount of speculation, and another undeserved tanking of the stock price.
And, as they say with gambling, don't bet anything you're not willing to lose. Sure things do not exist anywhere risk exists, and there is a LOT of risk in penny stocks. But everything that has been happening lately will be irrelevant when June 30 comes around, whether the earnings report is positive or negative. All the wild speculation will come to a grinding halt, and replaced with cold hard facts. That is when the rocket will either take off, or explode on the launchpad. Until then, treat the low prices as an opportunity to increase your position.
Also, remember, we haven't seen the true price of this stock for nearly two months. It has been artificially deflated.
First, when excitement built, the stock climbed to 0.25. OTC Markets decided that there was absolutely no way that a penny stock could perform that well, and MUST be cheating, so they slapped Caveat Emptor on it and it took a ridiculous crash. Some investors didn't even have the option to ignore the warning. They were literally prevented from buying it by their "nanny" broker services.
Then there was a huge sellout on Amazon, which should have been a good thing. Right? How could selling out of a product possibly be bad news? Well with Amazon, it was. Instead of sending you to a link showing the product was out of stock, they simple removed it from their search engine entirely. Anyone outside Amazon would simply see that it had disappeared. This opened the doors for an infinite amount of speculation, and another undeserved tanking of the stock price.
And, as they say with gambling, don't bet anything you're not willing to lose. Sure things do not exist anywhere risk exists, and there is a LOT of risk in penny stocks. But everything that has been happening lately will be irrelevant when June 30 comes around, whether the earnings report is positive or negative. All the wild speculation will come to a grinding halt, and replaced with cold hard facts. That is when the rocket will either take off, or explode on the launchpad. Until then, treat the low prices as an opportunity to increase your position.
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