Unless you are an insider or have the "license" to
Post# of 15624
(Total Views: 425)
Posted On: 03/13/2018 10:05:30 AM
Unless you are an insider or have the "license" to get "inside" a company's records, corporate minutes, attend major strategy meetings, have a knowledge of the industry practices, culture, rules and regulations..........and it goes on and on............your DD could easily be worth doggy DD. That is just how it is and it partially explains how The renowned Dr. was not blasted on this Board until his story was flashed all over the place. Friedland was a great guy to have around until the real man became public.
No one spoke up and said, "that is not right, there is no way they can
begin selling the cream in 2017". None of us have a crystal ball although some of us write better than others and coupled with believing our own BS, offer insight, but no one really knows.
I chose to stay long because I bought in at 2.70 and decided to add to my position nine times since April, 2017,which lowered my share basis to .64. My decision to stay long and add shares was based purely on a hunch that this OTC was a real company and might become a one in one hundred success story.
The intent of this post is not to throw cold water on anyone else's approach to investing wisely but rather to add another perspective from an old cranky investor that got his start on Wall Street in 1969. So I have seen a thing or two.
No one spoke up and said, "that is not right, there is no way they can
begin selling the cream in 2017". None of us have a crystal ball although some of us write better than others and coupled with believing our own BS, offer insight, but no one really knows.
I chose to stay long because I bought in at 2.70 and decided to add to my position nine times since April, 2017,which lowered my share basis to .64. My decision to stay long and add shares was based purely on a hunch that this OTC was a real company and might become a one in one hundred success story.
The intent of this post is not to throw cold water on anyone else's approach to investing wisely but rather to add another perspective from an old cranky investor that got his start on Wall Street in 1969. So I have seen a thing or two.
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