Sure---I posted this on the other board--- The Ri
Post# of 2913
(Total Views: 337)
Posted On: 01/04/2017 5:07:15 PM
Re: optimystic #1231
Sure---I posted this on the other board---
The Risk vs The Reward
And that is what we have here---I am still holding a substantial LONG position in the 10 digits----and I understand the risk vs my reward---and I can weather the loss if necessary---
I do not think many of you do understand....or can possibly handle the loss--it is IMMEDIATE!
The reward is a multi bagger from here--.007----over time.
The risk is TOTAL LOSS at the stroke of a pen from the SEC---
From .007 (or whatever the pps when suspension hits) to.00000---straight to the grey sheets for a day or two and then oblivion.
Then you wait and see if the company will fight back--if so, they can win the fight with the SEC and regain their business--just takes money and time---I have been thru it and so has Buccaneer--FTNW--look them up and DD their history--
The SEC got tired of waiting for their financials,,, and the company was not communicating with the SEC.... they got their trading privileges suspended and a letter and then loss of their Registration--- but,, they made it back--kept us in the loop as they worked with the SEC---
The risk is the reason we are sitting here at .007---JMHO--a lot has been taken off the board to join in with a lot of watchers--JMHO again.
I am going to wait it out for the FINs--as I believe the 8K satisfied the SEC,, and as I just posted, financials are any moment now--art
The Risk vs The Reward
And that is what we have here---I am still holding a substantial LONG position in the 10 digits----and I understand the risk vs my reward---and I can weather the loss if necessary---
I do not think many of you do understand....or can possibly handle the loss--it is IMMEDIATE!
The reward is a multi bagger from here--.007----over time.
The risk is TOTAL LOSS at the stroke of a pen from the SEC---
From .007 (or whatever the pps when suspension hits) to.00000---straight to the grey sheets for a day or two and then oblivion.
Then you wait and see if the company will fight back--if so, they can win the fight with the SEC and regain their business--just takes money and time---I have been thru it and so has Buccaneer--FTNW--look them up and DD their history--
The SEC got tired of waiting for their financials,,, and the company was not communicating with the SEC.... they got their trading privileges suspended and a letter and then loss of their Registration--- but,, they made it back--kept us in the loop as they worked with the SEC---
The risk is the reason we are sitting here at .007---JMHO--a lot has been taken off the board to join in with a lot of watchers--JMHO again.
I am going to wait it out for the FINs--as I believe the 8K satisfied the SEC,, and as I just posted, financials are any moment now--art
(1)
(0)