Clarification Post.... Reading my previous post
Post# of 1023
Posted On: 12/07/2016 9:18:14 AM
Clarification Post....
Reading my previous post where I said, "ultimately, a buyout is the only option", I didn't mean that in a negative way. Read all my old DD and youll see why I think this.
SCIE management's average age is in their upper 60's at least. These guys are seasoned professionals. More than likely, Oliver doesn't want to sit at a desk in his retirement days. He wants to bask in the sunshine knowing that he turned a crap company into a multi-million dollar business by selling it to a mega company.
Remember, way before Oliver came on the scene, SCIE was a complete mess.
My post from August 2016:
(The video is posted in one of my old posts)
In my opinion, believing that a buyout is the ultimate goal makes it much simpler to invest in SCIE.
My post from April 2016:
This is what is important to me. There are pennystocks out there trying to sell pancake batter. Could it succeed? Sure it could. Is there a global need for it. No. There is a global need for better cancer detection technology. SCIE has a working device which does just that.
Remember the last 10Q? "Over $4 million are in default owned by 79 investors."
That's what makes me believe in this company. These 79 people are real individuals. They could easily give up on SCIE and demand their money back; but they don't. Its my belief these investors know SCIE has a very good chance of succeeding and are allowing them time to do their stuff.
This post isn't me telling anyone to "stick it out with SCIE" or "buy on the dips". Everyone needs to do what they feel is best for themselves. This post is me stating my opinion.
Could SCIE fail miserably? Sure it could. Its a stock. Will it? I don't think it will. Investors are extremely dramatic, fickle people who will love their positions one day and despise them the next; only to re-love them the very next day once a PR comes out. But investing based on emotion alone almost always equates to loss.
SCIE is current. We haven't received any bad PRs.
Medtech is in January.
The MORDIS trial is still current.
https://clinicaltrials.gov/ct2/show/NCT01980134
Some of the top people in the field are investigating the WavSTAT.
Does all of this information 'insist' investors remain invested in SCIE? Of course not. We can all sell just as easily as we can buy. Ive said it many times - Being 'long' in a stock doesn't have to mean holding forever. Sell if you think its good to sell, and then jump back in when the price is lower. Heck, I'm long in many stocks that I'm not invested in.
That's the issue with online investing and these crazy investment boards. We constantly read people saying "Buy on the dips!", "Hold!", "Gift prices!", "I'm long forever!"....
Long forever? What does that even mean? Like BLTA? A stock which, two years ago, I shared my opinion in these boards that it was time to sell; sold at the high; mocked by BLTA investors that I made the 'wrong decision' (even now if I try to post, my posts are automatically deleted because they aren't 'feel good pro-BLTA centered).. and yet its been downhill ever since. A stock that's pretty much dead, yet investors insist its going to somehow magically succeed. A stock that investors know in their gut will probably never make their money back, yet they insist on not selling at a loss. But hey, to each their own; maybe BLTA will skyrocket in price..........
ive made a number of poor investment decisions in my life as well, and investing is a learning experience.
But that's the main point of this ridiculously, drawn out post. Investing is about LEARNING. If we constantly find ourselves never selling on time before the price crashes, we have two choices:
1. Keep doing the same thing
or
2. Learn why it keeps happening, adjust your investment strategies, and continue on.
Has anyone besides myself noticed there is not a shred of DD going on in the SCIE boards anymore? Why not? I'm sure theres something new out there.
Remember China Forum VI in January 2016?
http://www.omcconference.com/
The requirements for this program is:
•FDA or CE approved products
•Breakthroughs nearing commercialization
•No current exclusive Chinese representation
Doesn't SCIE fall under those categories? Although this is pure guesswork, is it possible SCIE is working with companies in China?
On the webpage, it states:
Which means SCIE is doing something, was doing something, or is trying to do something with China.
Is it possible there will be a China Forum VII in early 2017? Time will tell.
Do NOT invest based on this post. Although I don't post here much, its not because I don't believe in the company. Its because I don't have to convince myself anymore.
I stand by my saying of Do not invest more than you can afford to lose.
Not investment advice
Reading my previous post where I said, "ultimately, a buyout is the only option", I didn't mean that in a negative way. Read all my old DD and youll see why I think this.
SCIE management's average age is in their upper 60's at least. These guys are seasoned professionals. More than likely, Oliver doesn't want to sit at a desk in his retirement days. He wants to bask in the sunshine knowing that he turned a crap company into a multi-million dollar business by selling it to a mega company.
Remember, way before Oliver came on the scene, SCIE was a complete mess.
My post from August 2016:
Quote:
The company has been around for a very long time but the majority of the previous years were a mess. They were working on a LUMA device which doesnt even exist anymore, management was a mess.. Oliver became the CEO only a few short years ago...the list goes on and on. Oliver even admitted in a video that SCIE lost over a year trying to penetrate the UK on their own.
(The video is posted in one of my old posts)
In my opinion, believing that a buyout is the ultimate goal makes it much simpler to invest in SCIE.
My post from April 2016:
Quote:
I'm not in love with Spectrascience. I see their technology filling a global need, and this will make me a profit.
This is what is important to me. There are pennystocks out there trying to sell pancake batter. Could it succeed? Sure it could. Is there a global need for it. No. There is a global need for better cancer detection technology. SCIE has a working device which does just that.
Remember the last 10Q? "Over $4 million are in default owned by 79 investors."
That's what makes me believe in this company. These 79 people are real individuals. They could easily give up on SCIE and demand their money back; but they don't. Its my belief these investors know SCIE has a very good chance of succeeding and are allowing them time to do their stuff.
This post isn't me telling anyone to "stick it out with SCIE" or "buy on the dips". Everyone needs to do what they feel is best for themselves. This post is me stating my opinion.
Could SCIE fail miserably? Sure it could. Its a stock. Will it? I don't think it will. Investors are extremely dramatic, fickle people who will love their positions one day and despise them the next; only to re-love them the very next day once a PR comes out. But investing based on emotion alone almost always equates to loss.
SCIE is current. We haven't received any bad PRs.
Medtech is in January.
The MORDIS trial is still current.
Quote:
ClinicalTrials.gov processed this record on December 06, 2016
https://clinicaltrials.gov/ct2/show/NCT01980134
Some of the top people in the field are investigating the WavSTAT.
Does all of this information 'insist' investors remain invested in SCIE? Of course not. We can all sell just as easily as we can buy. Ive said it many times - Being 'long' in a stock doesn't have to mean holding forever. Sell if you think its good to sell, and then jump back in when the price is lower. Heck, I'm long in many stocks that I'm not invested in.
That's the issue with online investing and these crazy investment boards. We constantly read people saying "Buy on the dips!", "Hold!", "Gift prices!", "I'm long forever!"....
Long forever? What does that even mean? Like BLTA? A stock which, two years ago, I shared my opinion in these boards that it was time to sell; sold at the high; mocked by BLTA investors that I made the 'wrong decision' (even now if I try to post, my posts are automatically deleted because they aren't 'feel good pro-BLTA centered).. and yet its been downhill ever since. A stock that's pretty much dead, yet investors insist its going to somehow magically succeed. A stock that investors know in their gut will probably never make their money back, yet they insist on not selling at a loss. But hey, to each their own; maybe BLTA will skyrocket in price..........
ive made a number of poor investment decisions in my life as well, and investing is a learning experience.
But that's the main point of this ridiculously, drawn out post. Investing is about LEARNING. If we constantly find ourselves never selling on time before the price crashes, we have two choices:
1. Keep doing the same thing
or
2. Learn why it keeps happening, adjust your investment strategies, and continue on.
Has anyone besides myself noticed there is not a shred of DD going on in the SCIE boards anymore? Why not? I'm sure theres something new out there.
Remember China Forum VI in January 2016?
http://www.omcconference.com/
The requirements for this program is:
•FDA or CE approved products
•Breakthroughs nearing commercialization
•No current exclusive Chinese representation
Doesn't SCIE fall under those categories? Although this is pure guesswork, is it possible SCIE is working with companies in China?
On the webpage, it states:
Quote:
663 A medical device company that offers a simplified yet highly effective way of diagnosing colorectal cancer early, when recovery rates are highest. Their WavSTAT Optical Biopsy System ® uses light to determine tissue health, and instantly detects if tissue is normal, pre-cancerous or cancerous without the need for a costly physical biopsy
Which means SCIE is doing something, was doing something, or is trying to do something with China.
Is it possible there will be a China Forum VII in early 2017? Time will tell.
Do NOT invest based on this post. Although I don't post here much, its not because I don't believe in the company. Its because I don't have to convince myself anymore.
I stand by my saying of Do not invest more than you can afford to lose.
Not investment advice
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(0)SpectraSCIENCE Inc. (SCIE) Stock Research Links
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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