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  4. Trans-Pacific Aerospace (TPAC) Message Board

Best of luck to us all. I'm a bit jaded from expe

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Post# of 22940
Posted On: 03/16/2016 1:00:04 PM
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Posted By: SmallTime4Now
Re: M3dreamer #5177
Best of luck to us all. I'm a bit jaded from experience with many, many companies who looked good initially, took action, developed, then the CEOs fleeced the company. As a result, I'm much more cautious, as I don't believe anyone should INVEST in an OTC company. You invest in Big Board companies, you TRADE the OTC (even if you hold long, as I have done many times...and many held too long). You're not going to live off substantial dividends from an OTC stock, especially a Pink. Unless you truly think you'll hold this for a number of YEARS, weather a R/S, etc., we'll ALL be traders at some point. Haven't we all already set a price in our minds we'd sell at? Even if that price is $1, we're all TRADERS, not INVESTORS. If your intention is to buy big, hold for years, ride this to the big boards, then retire off dividends, then I salute you. If your intention is to sell this at $50 on the big boards someday and retire, then you are a trader. A wealthy one no doubt, but a trader nonetheless. Please keep in mind that the OTC is just a form of gambling. Charts are almost entirely worthless, manipulation runs rampant, and enforcement is virtually non-existent -- a beat-up sheriff on a three-legged horse with a drunk posse covering the entire Old West. Am I still in TPAC? Yes. Do I think this could one day go to .10? Yes. If I could sell at a small profit and then buy more shares with that profit, would I? Yes. Because I still believe this might be THE ONE... but with more caution these days. Am I going to INVEST? Not a chance. I personally don't think I'll get rich off this one, but if that happens for some or all of you, I'm personally overjoyed for you!


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